Reported on October 22, according to the documents disclosed by the Hong Kong Stock Exchange on October 22, Wang Xiaoli increased her shareholding on October 18 at an average price of 0.094 Hong Kong dollars per share.$EV DYNAMICS (00476.HK)$51.86 million ordinary shares were traded, totaling approximately 4.8748 million Hong Kong dollars. After the transaction, Wang Xiaoli's latest shareholding number is 51.86 million shares, with a holding ratio increasing from 0.00% to 5.19%.
Supplementary information: In the previous version, the date of the event was corrected to 18/10/2024, and the corrected number of shares traded on the exchange was 51,860,000.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.