The stock price of GREAT HARVEST (03683) is not experiencing unusual fluctuations.

date
25/07/2025
avatar
GMT Eight
Rongfeng Yikong Holdings (03683) announced that the board of directors of the company noted that the company's shares as of July 25, 2025...
Great Harvest (03683) announces that the Board of Directors has noted the price decrease and increase in trading volume of the Company's shares on July 25, 2025 (such fluctuations). After making reasonable inquiries into the matter, the Board confirms that, apart from the disclosures below, it is not aware of any reasons that may have caused such fluctuations, or any information that must be disclosed to prevent false markets in the Company's securities, or any inside information that must be disclosed under the insider information provisions. After appropriate inquiries by the Board, the Company was informed by the Chairman and Executive Director, Mr. Lam Kwan, that Yau Fung Investment Limited (Yau Fung, a company controlled by Mr. Lam Kwan) had received a notice from its stockbroker regarding the shortfall in margin payment, and Yau Fung had failed to make up the shortfall in the margin account. A total of 7,452,000 shares (i.e. a portion of the shares held by Yau Fung in its margin-financed securities trading account, representing approximately 0.78% of the Company's total issued share capital) were forcibly sold on the market on July 25, 2025.