GOLDSTREAM INV (01328) further acquired 1 million shares of Meitu (01357)
Golden Fountain Investment (01328) announced that on April 9, 2026, its wholly-owned subsidiary Redwood carried out market transactions on the Hong Kong Stock Exchange to further acquire 1 million shares of Meitu (01357) at a total cost of approximately HK$4.417 million (excluding transaction costs), equivalent to approximately HK$4.42 per share of Meitu.
GOLDSTREAM INV (01328) announced on April 9, 2026, that its wholly-owned subsidiary Redwood has further acquired 1 million shares of Meitu (01357) through market trading on the Hong Kong Stock Exchange for a total consideration of approximately HK$4.417 million (excluding transaction costs), at a price of approximately HK$4.42 per share of Meitu.
The Company notes that Meitu is a leading industry player in the field of artificial intelligence beauty solutions and a pioneer in subscription-based products based on AI-generated content technology. Therefore, the Company holds an optimistic view on Meitu's financial performance and future prospects, and believes that this acquisition is in line with the Group's investment criteria and is in the overall interest of the Company and its shareholders. Additionally, under the strategic cooperation agreement with Meitu, the Company expects to continue strengthening its relationship with Meitu through various means (including but not limited to direct investments).
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