GR Life Style shareholding highly concentrated, SFC flags price surge

GR Life Style Company Limited has revealed that as of December 9, 2025, a substantial portion of its shares are held by a concentrated group of shareholders. An inquiry by the Securities and Futures Commission (SFC) found that 10 shareholders and their related parties held an aggregate of 547,864,676 shares, representing 17.02% of the issued shares. Additionally, 430,000,000 shares, or 13.36% of the issued shares, were received directly or indirectly from Gang Rui International Investment (HK) Limited through off-exchange transactions.

These holdings, combined with the 1,952,912,814 shares (60.66%) held by two substantial shareholders—Mr. Wei Chunxian and Mr. Sun Zhongmin—mean that 91.04% of the company's issued shares are concentrated among these parties. Consequently, only 288,596,496 shares, representing 8.96% of the issued shares, were held by other shareholders. The company warned that this high concentration could lead to substantial share price fluctuations.

The SFC announcement also noted a significant rise in the company's share price, which surged 476.92% from HK$0.65 on June 30, 2025, to HK$3.75 on December 9, 2025. The directors confirmed that the 10 shareholders and their related parties are independent third parties and that the company maintains a public float of at least 25%.