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Chaoying International Holdings (02111): Public shareholding is approximately 16.87%

Zhitongcaijing·08/12/2026 14:09:08
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According to Zhitong Finance App, Chaoying International Holdings (02111) issued an announcement. On the date of this announcement, the company's public shareholding volume was about 16.87%, falling below 25% of the total number of issued shares of the company required by section 13.32B (1) of the Hong Kong Stock Exchange Limited Securities Listing Rules to be held by the public.

The board of directors was first informed on August 11, 2026, that after purchasing 116,000 shares from FMR LLC's controlled corporation, FMR LLC had an interest in 104 million shares, and FMR LLC's shares in the company increased from about 9.99% to about 10.00% of the company's total issued share capital.

As of the date of this announcement, taking into account the shares held by FMR LLC and other core stakeholders of the company, the company's public shareholding volume was approximately 16.87%, which has fallen below the minimum required percentage.

As of the date of this announcement, the Company is considering various options to restore its public shareholding, including but not limited to a proposal to FMR LLC to reduce the interests it considers owned by less than 10% of the total number of issued shares. The company will take appropriate measures as soon as practicable in accordance with the listing rules to ensure that public shareholding is restored to a specified percentage when practical. The goal is to complete it by the end of August 2026.