According to documents disclosed by the Hong Kong Stock Exchange on June 13, Li Meili increased her shareholdings by purchasing 1.74 million ordinary shares with a total value of approximately HKD 118,800 on April 25 at an average price of HKD 0.0683 per share.$DAISHOMICROLINE (00567.HK)$After the shareholding increase, the latest number of shares held by Li Meili is 421 million shares, and the ownership proportion has increased from 18.55% to 26.10%.
Other related parties involved in this trade: Wu Wencan.
What is equity disclosure?
According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the company's shares) must disclose their shareholding in the listed company. Directors and senior executives of the listed company must disclose their shareholding and equity certificate rights in the listed company and any related companies.
Why is equity disclosure important?
Equity disclosure enables investors to identify (1) individuals who control or have the ability to control the shareholding of the listed company and (2) individuals who may benefit from transactions involving entities related to the listed company.