Changjiu Shareholdings (06959.HK) announced that the SFC announcement revealed that on June 3, nine shareholders held a total of 48.739 million shares, equivalent to 24.11% of the issued share capital. The equity, together with the 150 million shares held by the chairman and CEO's family (representing 74.2% of the issued share capital), is equivalent to 98.31% of the company's issued share capital. Therefore, the company only has 3.421 million shares (accounting for 1.69% of the issued share capital) held by other shareholders.

According to available information and all reasonable inquiries made with respect to directors, the directors confirmed that as at June 3 and the announcement date (June 19), not less than 25% of the issued shares were held by the public and that the company had maintained a sufficient level of public float as required by the Listing Rules of the Stock Exchange.

The company stated that due to the high concentration of share ownership among a small number of shareholders, even a small number of share transactions may cause significant fluctuations in share prices. Shareholders and potential investors are advised to exercise caution when buying or selling shares.