According to the documents disclosed by the Hong Kong Stock Exchange on June 13, Wang Jianyong increase its shareholding in the off-exchange market on June 6 at an average price of HKD 0.215 per share.$ZHONG JI LS (00767.HK)$Wang Jianyong purchased 46,511,628 ordinary shares with a value of approximately HKD 10 million after the increase. His latest shareholding is 46,511,628 ordinary shares, and the proportion of his good warehouse increased from 0.00% to 8.51%.
Supplementary Information: On June 6, 2024, Subscriber A, Subscriber B, and Subscriber C successfully placed a total of 91,088,258 subscription shares at a subscription price of HKD 0.215 per share issued by Zhong Ji Longevity Science Group Limited. Zhong Ji Longevity Science Group Limited placed 46,511,628 subscription shares at a subscription price of HKD 0.215 per share to Mr. Wang Jianyong (Subscriber B) on June 6, 2024.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.