Cong Hai Investment Co., Ltd. (“Cantonhai Investments”) issued a voluntary notice on 28 March 2024, announcing that its final controlling shareholders Guangdong Cantonese Hai Holdings Group Limited (“Cong Hai Holdings”) and its wholly-owned subsidiary Hong Kong Cantonese Sea had increased 14,258,000 shares through the open market from 26 to 28 March 2024 Kung Hai Investment Shares. The increase was made at an average price of HK$3.51 per share, bringing the share ratio of Cantonese Sea Holdings and Hong Kong Cantonese Investment Holdings to 56.71% from approximately 56.49%. This move reflects Cantonese Hai Holdings' confidence in the future development prospects of Cantonese Hai investment and its support for its long-term development. Cantonese Holdings said that it will continue to increase its holdings in a timely manner, based...Show More

Cong Hai Investment Co., Ltd. (“Cantonhai Investments”) issued a voluntary notice on 28 March 2024, announcing that its final controlling shareholders Guangdong Cantonese Hai Holdings Group Limited (“Cong Hai Holdings”) and its wholly-owned subsidiary Hong Kong Cantonese Sea had increased 14,258,000 shares through the open market from 26 to 28 March 2024 Kung Hai Investment Shares. The increase was made at an average price of HK$3.51 per share, bringing the share ratio of Cantonese Sea Holdings and Hong Kong Cantonese Investment Holdings to 56.71% from approximately 56.49%. This move reflects Cantonese Hai Holdings' confidence in the future development prospects of Cantonese Hai investment and its support for its long-term development. Cantonese Holdings said that it will continue to increase its holdings in a timely manner, based on its confidence in the prospects for its investment and recognition of the value of the long-term investment. Cantonese Investments will continue to focus on the growth of holdings and disclose relevant information in a timely manner. The announcement also reminds shareholders and potential investors that Cong Hai Holdings and/or Hong Kong Cantonese Holdings will be subject to market conditions and have the absolute discretion to urge shareholders and investors to exercise caution when buying and selling shares.