Zhejiang Huatie shareholders boost stakes, signaling confidence

Zhejiang Haikong Nanke Huawei Tie Shuzhi Technology Co., Ltd. announced that its director and general manager, Hu Danfeng, who holds over 5% of the shares, plans to increase his stake. Between October 17, 2025, and April 16, 2026, Hu Danfeng will acquire between CNY 30 million and CNY 50 million worth of company shares through open market transactions, utilizing personal and borrowed funds. This follows a previous successful share increase where Hu Danfeng acquired CNY 49,997,200 worth of shares between October 14-15, 2025.

Additionally, Hainan Financial Holdings Co., Ltd., an associate of the controlling shareholder, also disclosed plans to increase its holdings. From October 17, 2025, to April 16, 2026, Hainan Financial Holdings will invest between CNY 25 million and CNY 50 million in company shares. Both plans aim to boost investor confidence and stabilize the share price, reflecting the parties' belief in the company's strategic development and long-term value.