Ruichang International Holdings Limited reported that controlling shareholder, executive director, chief executive officer and chairman of the Board, Mr. Lu Bo, increased his stake in the company by 1.37 million shares through his controlled corporation on 5 and 8 June 2026. The aggregate consideration for the purchases totalled approximately HK$1.44 million.
According to the company announcement, the additional investment reflects Mr. Lu Bo’s confidence in Ruichang International’s intrinsic value and growth prospects. He has not ruled out the possibility of further transactions, subject to relevant laws and regulations.
Post-transaction, the Board confirmed that Ruichang International continues to meet the minimum public float requirements set by The Stock Exchange of Hong Kong Limited.
Shareholders and investors are advised to exercise caution when dealing in the company’s securities.