Yufengchang Holdings (08631) controlling shareholder applies for restriction on share disposal, involving 25.563 million shares.

The Zhitong Finance and Economics APP reports that Yu Fengchang Holdings (08631) announced that the Board of Directors received notice that the company's controlling shareholder, Hong Kong Yu Fengchang Limited (Hong Kong Yu Fengchang), successfully applied to the Hong Kong High Court on October 2, 2025 for an order under Rule 11 of Order 50 of the High Court Rules to issue a stop notice to Huafu Jianye Securities Company (Huafu) and Mr. Luo Mingyi, prohibiting Huafu and Mr. Luo Mingyi from transferring, selling, or otherwise disposing of all of Hong Kong Yu Fengchang's 25.563 million ordinary shares in the company (stop using shares), accounting for 63.91% of the company's issued share capital (stop using shares). The stop notice was also served on Huafu and Luo Mingyi on October 2, 2025.