Reported on September 26, according to the documents disclosed by the Hong Kong Stock Exchange on September 26, Zhang Zhikui increased shareholding on September 23 at an average price of 1.96 Hong Kong dollars per share.$CN ENGY STORAGE (01143.HK)$1.532 million ordinary shares, valued at approximately 3.0027 million Hong Kong dollars, were added by Zhang Zhikui. After the increase, Zhang Zhikui's latest shareholding amount is 11.332 million shares, and the holding ratio has increased from 4.73% to 5.47%.
This trade involves other related parties: Wang Qi, China Southern International Holdings Limited, Wang Qi, and Sun Lingling.
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.
