HK SH ALLIANCE (01001) receives shareholding increase of 6.3651 million shares by Chairman of the Board Yao Zuhui.
HK SH ALLIANCE (01001) announces that the board of directors of the Company has been informed by Mr. Yao Zuhui (Mr. Yao), the Chairman of the Board, Executive Director, Chief Executive Officer and controlling shareholder of the Company, that on October 23, 2026, he acquired through off-market transactions a total of 6.3651 million ordinary shares of the Company (the Shares) at an aggregate consideration of approximately HK$2.546 million, equivalent to a purchase price of HK$0.40 per share (the Shareholding Increase). Immediately following the Shareholding Increase, Mr. Yao holds interests in 291 million Shares, representing approximately 45.71% of the total number of issued shares as at the date of this announcement.
HK SH ALLIANCE (01001) announces that the Board of Directors of the Company has been informed by Mr. Yao Zuhui (Mr. Yao), Chairman of the Board, Executive Director, Chief Executive Officer and controlling shareholder of the Company, that on 23 October 2026, he acquired through off-market transactions an aggregate of 6.3651 million ordinary shares of the Company (the Shares) at a total consideration of approximately HK$2.546 million, equivalent to a purchase price of HK$0.40 per Share (the Share Increase). Immediately following the Share Increase, Mr. Yao holds an interest in 291 million Shares, representing approximately 45.71% of the total number of issued Shares as at the date of this announcement.
The Board believes that the Share Increase by Mr. Yao demonstrates Mr. Yao's confidence in the prospects and growth potential of the Company.
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