DESUN SERVICES(02270.HK): SFC Announced Highly‑Concentrated Shareholding; 18 Shareholders Hold 33.04%, Public Float Only 0.47%
NewTimeSpace News: The Securities and Futures Commission of Hong Kong published an announcement on 4 August 2026 concerning highly‑concentrated shareholding in DESUN SERVICES (02270.HK).
Inquiry findings indicated that as at 21 July 2026, 18 shareholders jointly held 204,945,200 shares, representing 33.04% of the issued share capital. Combined with 412,415,000 shares (66.49%) held by controlling shareholders Mr. Zou Kang and Ms. Zou Jian, the aggregate stake totalled 99.53% of the issued share capital. Accordingly, only 2,899,000 shares, equivalent to 0.47%, were held by other public shareholders.
The closing price of the Company’s shares rose by 92.3% from HK$3.90 on 2 July 2026 to HK$7.50 on 21 July 2026, and closed at HK$7.50 on 3 August. The SFC cautioned that given the high concentration of shares in a small number of shareholders, share prices may fluctuate substantially even with trades of only a small volume of shares. Shareholders and prospective investors should exercise extreme caution when trading the stock.
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