According to the file disclosed by the Hong Kong Stock Exchange on July 4th, Wei Shicheng increased his shareholding on June 27th at an average price of HKD 0.56 per share, totaling 432,000 shares and worth approximately HKD 0.2419 million. After the increase, Wei Shicheng's latest shareholding number is 0.643 billion shares, and the warehouse-to-warehouse ratio has increased from 64.29% to 64.33%.$KATO (HK) HLDGS (02189.HK)$The total sales for the company in 23 reached 18,000 kiloliters, which is a significant growth of 28.10% year-on-year. With regards to product structure, 10-30 billion yuan products produced an operating revenue of CNY 401/1,288/60 million respectively.
This transaction involves other related parties: Wei Xiaoling.
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.
