FilingReader Intelligence

DL Holdings chairman boosts stake, signals confidence with further share plan

December 17, 2025 at 11:51 AM UTCBy FilingReader AI

Chen Ningdi, chairman, ceo, executive director, and a controlling shareholder of DL Holdings Group, purchased 2,000,000 shares of the company on December 17, 2025, through DA Wolf Investments I Limited. The shares were acquired in the open market at an average price of approximately HK$1.52 per share.

Following this acquisition, Chen's interest in the company now stands at 739,592,661 shares, representing approximately 36.91% of the total issued shares (excluding treasury shares). The board views this increase and a planned further acquisition of 18,000,000 more shares within three months as a strong demonstration of Chen's confidence in the company's prospects and growth potential.

Shareholders and potential investors are advised to exercise caution when dealing in the company's securities. The board emphasizes Chen's long-term commitment to DL Holdings Group through these strategic share purchases.

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

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