On January 3, it was reported that according to the documents disclosed by the Hong Kong Stock Exchange on January 3, Tianjin Food Group Co., Ltd. increased its Shareholding on December 27, 2024, at an average price of 0.5388 Hong Kong dollars per share.$DYNASTY WINES (00828.HK)$It acquired 10 million ordinary shares, valued at approximately 5.388 million Hong Kong dollars. After the increase, Tianjin Food Group Co., Ltd.'s latest shareholding is 0.586 billion shares, with the good warehouse ratio rising from 40.92% to 41.63%.
This Trade involves Other related parties: Tianjin TEDA Industrial Group Co., Ltd., Tianjin Bohai State-Owned Assets Operation Management Co., Ltd., and TEDA Investment Holding Co., Ltd.
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 shares) must disclose their shareholding interests in listed companies. The Directors and senior executives of listed companies must disclose their share and debenture interests in both the listed company and its affiliated 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.
