The Securities and Futures Commission stated that it has recently conducted an inquiry into the equity distribution of Changjiu Shares (06959.HK), and the results show that as of June 3rd this year, the company had a total of 9 shareholders holding 48.739 million shares (equivalent to 24.11% of the issued shares). The equity, along with the 150 million shares held by the Chairman and CEO's family (accounting for 74.2% of the issued shares), is a total equivalent to 98.31% of the issued shares.

In other words, as of June 3rd, Changjiu Shares had only 3.421 million shares (accounting for 1.69% of the issued shares) held by other shareholders, with the majority of the equity concentrated in a few shareholders. The Securities and Futures Commission indicated that because the equity is highly concentrated in a small number of shareholders, even a small amount of share trading may cause significant fluctuations in the stock price, and reminded shareholders and potential investors to trade with caution.