Zhitong Finance App News, Yushi Technology (01511) issued an announcement. The board of directors was informed by Mr. Wu Gansha (Mr. Wu), Chairman and Executive Director of the Company, that Mr. Wu purchased a total of 12,000 H shares with his own capital on the Hong Kong Stock Exchange Limited on October 12, 2026 (this time increasing his holdings). Following the completion of this increase in holdings, Mr. Wu's total equity interest in the Company's H shares increased to 31.292.59 million shares, accounting for about 24.69% of the total number of H shares issued by the Company.
The Company believes that the representative of this increase in holdings is Mr. Wu full of confidence in the Group's business development, strategic direction and long-term prospects. As a leading enterprise focusing on full-scene L4 autonomous driving, the Group has established a leading market position in airports and factories, and continues to expand its business to diverse application scenarios such as ports, cities, mines, farms, and open roads. Along with the steady increase in overseas revenue growth, overseas market development has made significant breakthroughs, contributed to a new growth curve to globalization, and has a clear long-term growth path and considerable room for value improvement. This increase in holdings reflects Mr. Wu's support and optimism for the Group's long-term value through practical actions, as well as his commitment and support for the Group's long-term development as Chairman and Executive Director of the Company.
The board of directors believes that the increase in holdings fully reflects the alignment of core management with shareholders' interests, highlights Mr. Wu's approval and support for the Group's continuous technological innovation and commercialization, helps enhance investor confidence, maintain the company's value and the overall interests of shareholders, and conforms to the overall best interests of the company and its shareholders.