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German Commercial Investment Service (02270) responded to the high concentration of shares, saying that the company has maintained sufficient public shareholding
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Zhitong Finance App News, German Commercial Investment Service (02270) issued an announcement. The Company noticed that the Securities and Futures Commission (Securities Regulatory Commission) issued an announcement on August 4, 2026 (Securities Regulatory Commission Notice). As disclosed in the announcement of the Securities Regulatory Commission, the Securities Regulatory Commission recently investigated the company's share distribution. The results of the investigation by the Securities Regulatory Commission show that on July 21, 2026, 18 shareholders held a total of 204,945,200 shares (shares) of the Company, which is equivalent to 33.04% of the Company's issued share capital. The relevant shares, together with 412,415,000 shares (66.49% of the issued share capital) held by the controlling shareholder of the Company, are equivalent to 99.53% of the issued share capital of the Company. As a result, only 2,899,000 shares of the Company (0.47% of the issued share capital) are held by other shareholders.

The SFC announcement further stated: (a) The closing price of the Company's shares increased by 92.3% from HK$3.90 on 2 July 2026 to HK$7.50 on 21 July 2026. (b) On August 3, 2026, the Company's stock price closed at HK$7.50, which was 92.3% higher than the closing price of HK$3.90 on July 2, 2026.

The Board of Directors of the Company hereby clarifies that the above information has been extracted from the SFC announcement and that the Company has not independently verified such information other than (i) the shares held by Mr. Zou Kang (through Sky Donna Holding Limited) and Ms. Zou Jian (through Pengna Holding Limited) as contained in the latest available rights disclosure notice filed under Part XV of the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong; and (ii) the information contained in paragraphs (a) to (b) above.

Based on available information and knowledge of the directors after making all reasonable inquiries, the directors confirmed that not less than 25% of the issued shares were held by the public on July 31, 2026 and the date of this announcement, and that the Company had maintained sufficient public shareholding as required by the Stock Exchange's securities listing rules.

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