PLANETREE INT'L (00613) responded to the issue of concentrated shareholding, stating that the company is able to comply with the public shareholding requirements.
Wutong International (00613) announced that the company has noted the announcement published by the Securities and Futures Commission (SFC) on August 27, 2026 (SFC Announcement).
PLANETREE INT'L (00613) has issued a statement noting that the Securities and Futures Commission (SFC) published an announcement on August 27, 2026 (SFC announcement). According to the SFC announcement, the SFC has recently conducted inquiries into the company's shareholding distribution. The inquiry results show that as of August 13, 2026, twenty shareholders collectively held 161,259,000 shares of the company, representing 14.03% of the issued shares. These shares, along with the 902 million shares (representing 78.48% of the issued shares) held by the companys three major shareholders (as per the SFC announcement), account for a total of 92.51% of the issued shares. Therefore, only 86.112 million shares (representing 7.49% of the issued shares) are held by other shareholders.
As mentioned in the SFC announcement: (a) The closing price of the shares rose by 339% from HKD 1.260 on March 2, 2026, to HKD 5.535 on August 13, 2026. (b) On August 26, 2026, the share price closed at HKD 4.900, up 289% from the closing price of HKD 1.260 on March 2, 2026.
The companys directors would like to clarify that the above information is excerpted from the SFC announcement, and aside from the information contained in paragraphs (a) and (b) above, the company has not independently verified this information. For more details, please refer to the SFC announcement. The company will conduct further investigations related to the shareholding matters mentioned in the SFC announcement and will publish further announcements to update the market as soon as the investigation is completed.
Based on available information and after making all reasonable inquiries as known to the directors, the company confirms that as of August 13, 2026, and as of the date of this announcement, no less than 25% of the company's issued shares are held by the public, and the company is able to comply with the public shareholding requirements under the Listing Rules of the Stock Exchange.
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