According to Zhitong Finance App News, Yunxingtai Group (08362) issued an announcement. The company learned that in order to restore the company's public shareholding to the minimum requirement of 25% contained in section 11.23 (7) of the GEM listing rules, on May 23, 2024, the offeror and any party acting in concert with one of them completed the sale of a total of 745,000 shares to a buyer (equivalent to about 0.05% of the total issued share capital of the company as of the date of this announcement). Following the completion of the sale, the offeror held an interest in 1.05 billion shares (equivalent to approximately 75.00% of the total issued share capital of the company as of the date of this announcement). After making all reasonable inquiries, the Company knows, knows and is convinced that the buyer is an individual, an independent person and not a related person of the Company.

Following the completion of the sale, 350 million shares (equivalent to approximately 25.00% of the company's total issued share capital) were held by the public. As a result, according to section 11.23 (7) of the GEM listing rules, the company's minimum public shareholding has resumed compliance with public shareholding requirements.