GR Life Style clarifies shareholding structure after share placement

GR Life Style Company Limited released a clarification announcement on December 24, 2025, concerning its shareholding concentration, revising a previous announcement from December 23, 2025. The clarification pertains to a placing agreement entered into by Gang Rui International Investment (HK) Limited on October 27, 2025, involving 430,000,000 shares, representing 13.36% of the issued shares.

Upon the completion of the placing on November 14, 2025, there were 21 placees. The company clarified that 14 of these placees were independent third parties and not connected persons. The remaining 7 placees, identified as directors or supervisors of the company's subsidiaries, are independent of Mr. Wei or Mr. Sun. These 7 placees subscribed for a total of 142,000,000 shares.

Key placees include Redemption Limited (Gao Yan) with 18,000,000 shares, Panacea Limited (Ding Kun) with 17,000,000 shares, and Amity Limited (Chen Henan) with 30,000,000 shares, all linked to subsidiary leadership roles.