According to Zhitong Finance App, Walnut Capital (00905.HK) announced that on November 2, 2026, the controlling shareholder of the company, Linghua, entered into a bulk transaction agreement with a corporation (manager) licensed under the Securities and Futures Regulations to carry out Type 1 (securities trading) regulated activities. According to the bulk transaction agreement, Linghua has appointed a manager as its exclusive agent to encourage the buyer to purchase approximately 584.5 million shares at a price of not less than HK$0.242 per share, accounting for about 55.64% of the company's issued share capital. Linghua is wholly owned by the executive director Mr. Meng Pinwen.

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