Zhongju Gaoxin chairman boosts stake, cites confidence in future

Zhongju Gaoxin announced that its chairman, Li Ruxiong, acquired an additional 100,500 A-share shares in the company on November 3 and November 4, 2025. These purchases, made via the Shanghai-Hong Kong Stock Connect through the Shanghai Stock Exchange's bidding system, totaled RMB 1,826,590.00 and were funded by his personal capital. This transaction represents 0.0129% of the company's total share capital.

Following these acquisitions, Li Ruxiong now holds 100,500 A-shares, maintaining his direct ownership at 0.0129% of Zhongju Gaoxin's total share capital. The company clarified that this increase in shareholding does not trigger any equity change reporting obligations nor does it alter the shareholder's identity.

Li Ruxiong affirmed that his decision to increase his stake is based on his confidence in the company's sustained stable development and value recognition, pledging not to reduce his holdings within the legally stipulated period. This move was made without any prior disclosure of an intent to increase holdings within the 12 months preceding this announcement, and no further plans for increased holdings have been presented. The transaction adheres to relevant securities laws, regulations, and exchange rules.