Mingyuan Cloud 00909 was increased by the executive director and controlling shareholder

Mondo Finance Updated on 2024-01-31

Zhitong Financial News, Mingyuan Cloud (00909) announced that Mr. Gao Yu (Mr. Gao), the company's executive director and a controlling shareholder of the company, and Mr. Chen Xiaohui (Mr. Chen), an executive director and a controlling shareholder of the company, increased their holdings of the company's shares respectively.

On 5 and 8 January 2024, Mr. Gao, through the entity controlled by him, Ghtongrui Investment Limited (GhtongRui), traded an average of approximately 2. per share in the open marketHK$58** to purchase a total of 500,000 shares of the Company, representing approximately 003%。On 9 January 2024, Mr. Gao traded an average of approximately 2. per share through GhtongRui in the open marketHK$51** to further purchase a total of 500,000 shares of the Company, representing approximately 003%。Immediately following the shareholding increase on 5, 8 and 9 January 2024, Ghtongrui and Mr. Gao respectively directly held 398.9 billion shares and is considered to hold 398.9 billion shares, representing approximately 20 of the total issued shares of the Company as at the date of this announcement54% and 2054%。

On 9 January 2024, Mr. Chan, through his controlled entity, Sunshine Smoor Holdings Limited (SunshineSmoor), traded an average of approximately 2. per share in the open marketHK$53** to purchase a total of 1,000,000 shares of the Company, representing approximately 0.0 of the total issued shares of the Company as at the date of this announcement05%。Immediately after the increase in shareholdings, Sunshine Smoor and Mr. Chen directly held 4 million shares of the Company and were deemed to hold 302.6 billion shares, representing approximately 021% and 1558%。

As advised by Mr. Gao and Mr. Chen, the increase in shareholding was made as he had full confidence in the overall development prospects and growth potential of the Group, and did not rule out further increasing his shareholding in the Company at an appropriate time and subject to compliance with applicable laws and regulatory requirements.

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