Chairman Yang Zhenxin Increases Stake in Glorious Sun Enterprises with Latest Share Purchase

Deep News

Aug 27

Hong Kong Stock Exchange filings reveal that on August 25, Chairman Yang Zhenxin acquired an additional 12,000 shares of Glorious Sun Enterprises (HKEX: 00393) at a price of HKD 1.305 per share, bringing the total transaction value to approximately HKD 15,700.

Following this latest acquisition, Yang's total shareholding in the company has risen to about 962 million shares, representing a 64.12% stake in the firm.

This move underscores the chairman's continued confidence in the company's prospects, as the increased holding solidifies his majority position within the organization.

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