On September 16th, according to the documents disclosed by the Hong Kong Stock Exchange, Sky Greenfield Investment Limited increased its shareholding on September 13th at an average price of HKD 1.6894 per share.$TIANGONG INT'L (00826.HK)$They increased their shareholding by 1 million ordinary shares, with a value of approximately HKD 1.6894 million. After the increase, Sky Greenfield Investment Limited's latest number of shares held is 0.686 billion shares, and the share percentage in the warehouse has increased from 25.12% to 25.15%.
This transaction involves other related parties: Zhu Zefeng and Niu Qiuping.
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.
