Zhitong Finance App News, Wutong International (00613) issued an announcement. The Company notes that the Securities and Futures Commission (Securities Regulatory Commission) issued an announcement on August 27, 2026 (Securities Regulatory Commission Notice). As disclosed in the announcement of the Securities Regulatory Commission, the Securities Regulatory Commission recently investigated the distribution of the Company's shares. According to the investigation results of the Securities Regulatory Commission, on August 13, 2026, 20 shareholders held a total of 161,259,000 shares of the Company, equivalent to 14.03% of the issued shares. These shares, together with (according to the SFC announcement) 902 million shares held by the three major shareholders of the Company (equivalent to 78.48% of the issued shares), totaled 92.51% of the issued shares. As a result, only 86.112 million shares (equivalent to 7.49% of the issued shares) are held by other shareholders.
As stated in the SFC announcement: (a) The closing price of shares increased 339% from HK$1.260 on 2 March 2026 to HK$5.535 on August 13, 2026. (b) On August 26, 2026, the stock price closed at HK$4.900, which was 289% higher than the closing price of HK$1.260 on March 2, 2026.
The directors of the Company hereby clarify that the above information is excerpted from the Securities Regulatory Commission's announcement, and the Company has not independently verified such information other than the information contained in paragraphs (a) and (b) above. For more information, please refer to the Securities Regulatory Commission announcement. The company will conduct further investigations into the equity matters mentioned in the Securities Regulatory Commission's announcement, and issue further announcements to update the market as soon as the investigation is completed.
Based on available information and after all reasonable inquiries by the directors, the Company confirmed that on August 13, 2026 and the date of this announcement, no less than 25% of the Company's issued shares were held by the public, and that the Company was able to comply with the public shareholding requirements under the Stock Exchange's securities listing rules.