FilingReader Intelligence

Weimob chairman boosts stake, citing confidence in growth and AI revenue

December 4, 2025 at 05:02 PM UTCBy FilingReader AI

Weimob Inc. chairman and CEO, Sun Taoyong, has increased his shareholding in the company through his controlled entity, Yomi.sun Holding Limited. On December 4, 2025, Sun acquired 1,534,000 shares at an average price of approximately HK$1.90 per share on the open market. This acquisition represents approximately 0.04% of the total issued shares of the company.

Following this transaction, Yomi.sun Holding directly holds 246,133,000 shares, with Sun deemed interested in the same amount, representing approximately 6.22% of Weimob's total issued shares. Sun attributed this increase to his full confidence in the Group's development prospects and growth potential, highlighting positive adjusted profit and AI-related revenue as new growth drivers.

The announcement states that Sun may further increase his shareholding as appropriate opportunities arise. The company confirmed that, post-acquisition, it maintains a sufficient public float and the transaction complied with the Model Code for Securities Transactions by Directors of Listed Issuers.

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

HKEX:2013Hong Kong Exchange

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