The Zhitong Finance App learned that the latest data from the Hong Kong Stock Exchange shows that on October 21, Hang Feng International Holdings Co., Limited reduced its holdings of Jingwei Tiandi (02477) by 716 million shares, at a price of HK$0.1494 per share, for a total amount of about HK$107 million. The latest number of shares held after the reduction was 480 million shares, and the latest shareholding ratio was 10.01%.

This transaction involves another related party: Qian Fenglei.

Additional information: Hang Fung sold a total of 716,000,000 shares of the Company's common shares with a face value of HK$0.00125 per share on the open market at a total cost of approximately HK$106,958,970 (not including transaction costs). The average selling price of the sale (excluding transaction costs) was approximately HK$0.1494 per share.

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