Zhitong Finance App News, Shifang Holdings (01831.HK) issued an announcement. On July 29, 2026, a major illegal insider transaction of the Company's paper shares submitted to the Hong Kong Stock Transfer Office “Zhuojia Securities Limited” ended in failure due to a timely veto by the Board of Directors of the Company. This highlights the strict governance of the board of directors of the Company, which puts safeguarding the basic rights and interests of every shareholder as the first priority, and successfully safeguarding the basic legal image of Hong Kong listed companies in this major illegal insider transaction.

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