FilingReader Intelligence

Meitu Founder Increases Stake, Demonstrating Confidence

August 21, 2025 at 02:57 PM UTCBy FilingReader AI

On August 21, 2025, Mr. Wu Zeyuan, Meitu, Inc.'s Founder, Chairman, and Chief Executive Officer, purchased 700,000 shares of the Company on the Stock Exchange of Hong Kong Limited. These on-market purchases were made at an average price of HK$10.00 per share.

This transaction increased Mr. Wu's aggregate interest from 587,996,670 shares to 588,696,670 shares, moving his stake from approximately 12.88% to 12.89% of the issued share capital. Mr. Wu has not sold any shares since May 10, 2018, and this latest acquisition brings his total purchased shares to 3,980,000. He expressed confidence in Meitu’s business outlook and may further increase his holdings.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

HKEX:1357Hong Kong Exchange

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