According to the equity disclosure information of the Hong Kong Stock Exchange, the younger brother of Kelvin Ching Chi Cheong, the chairman of Sino Land (00083.HK), Kelvin Ching Chi Tat, recently increased his shareholding of Vitasoy (00345.HK) by 2 million shares on the stock exchange. After the increase, Kelvin Ching Chi Tat's total holdings of Vitasoy shares amounted to 0.118 billion shares, increasing his shareholding ratio to 11.04%.

Vitasoy Group's Executive Chairman, Lo Yuk Lap, stated during the interim results announcement that the media should inquire with the investor involved in the shareholding increase event, bluntly saying, 'We don't know what he wants.'

Lo Yuk Lap revealed that Vitasoy often receives cooperation invitations from various companies or institutions. If it makes sense from a business perspective, the group will actively consider the collaboration opportunities. He also mentioned that Vitasoy still has a lot of room for development in its current stock price. As for whether his family or he himself will buy or sell Vitasoy shares in the future, the media will be informed through the Exchange's disclosures.

Lo Yuk Lap mentioned that the competition in the ready-to-drink tea market in mainland China is intense, so Vitasoy had adjusted its pricing earlier. Currently, with enhanced competitiveness, sales volume is also increasing. As for the Hong Kong market, he believes that there is currently no need to adjust prices.

During the meeting, the media asked about the group's future dividend policy. Lo Yuk Lap responded that in the past few years, the dividend distribution between Vitasoy's first and second halves of the fiscal year was uneven. Therefore, in recent years, he hopes to adjust the dividend distribution between the first and second halves to an even level, and the dividend payout ratio is expected to continue to be maintained at 60% to 70%.

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