According to the documents disclosed by the Hong Kong Stock Exchange on June 24, Zhang Shaohui increased his shareholding on June 13 at an average price of HKD 0.67 per share.$YIXIN (02858.HK)$Zhang Shaohui purchased 966,500 shares of common stock, worth about HKD 647,600. After the increase, Zhang Shaohui's latest shareholding is 520 million shares, and the warehouse ratio has increased from 7.96% to 7.97%.
Supplementary information: The DI Form from June 13, 2024 has been updated. Please refer to the updated information in boxes #15, #16, #17, and #20.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.