Reported on September 26, according to the documents disclosed by the Hong Kong Stock Exchange on September 26, China Southern International Holdings Limited increased its shareholding on September 23 at an average price of HK$1.96 per share.$CN ENGY STORAGE (01143.HK)$1.532 million shares of common stock, valued at approximately HK$3.0027 million. After the increase in shareholding, China Southern International Holdings Limited's latest number of shares held is 11.332 million shares, with a warehouse ratio increasing from 4.73% to 5.47%.
This transaction involves other related parties: Wang Qi, Sun Lingling, Wang Qi, and Zhang Zhikui.
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.