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Zhejiang Huatie Digital Technology: Major shareholders boost stakes

October 14, 2025 at 12:19 PM UTCBy FilingReader AI

Zhejiang Huatie Digital Technology Co., Ltd. announced that two major shareholders, Hu Danfeng and Hainan Haikong Industrial Investment Co., Ltd., have increased their stakes. On October 14, 2025, Hu Danfeng acquired 6.38m shares through centralized bidding, increasing his total holdings from 8.86% to 9.18%. This transaction involved an investment of CNY 49,475,700, excluding transaction fees.

Concurrently, Hainan Haikong Industrial Investment Co., Ltd., the controlling shareholder, also increased its stake. On the same date, the company purchased 5.604m shares via centralized bidding, raising its ownership from 13.78% to 14.06%. This acquisition amounted to CNY 43,003,400, excluding transaction fees.

Both increases are part of previously disclosed shareholding plans and do not trigger a mandatory tender offer or result in a change of the company's controlling shareholder or actual controller. Both parties affirmed their intention to continue increasing their holdings as per their respective plans.

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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