REALORD TECH(01196.HK): Approximately 9.22 Million Shares of Controlling Shareholder Meilin Holdings Sold via Forced Sale During Black‑out Period

NewTimeSpace · 2026/08/05 19:43 · By Zeyu Wu

NewTimeSpace News: Realord Tech (01196.HK) announced that 9,218,000 shares beneficially owned by Meilin Holdings, held by executive director Dr. Lin Xiaohui and Ms. Su Jiaohua, were sold on the market on 30 July 2026 through forced sale. The shares account for approximately 0.64% of issued shares. The sale took place within the black‑out period prior to the release of interim results. Nonetheless, the Directors hold the view that the sale falls within the definition of special circumstances under the Listing Rules.

NewTimeSpace News: Realord Tech (01196.HK) released an announcement on 5 August 2026. A total of 9,218,000 shares beneficially owned by Meilin Holdings (70% and 30% equity interests held by executive director Dr. Lin Xiaohui and Ms. Su Jiaohua respectively) and held in a margin‑financed securities trading account were subject to forced sale and disposed of on the market on 30 July 2026, representing around 0.64% of the total issued shares as at the date of this announcement. The sale was carried out without the knowledge of Dr. Lin and Ms. Su, who were in a passive position.

Under the Listing Rules, directors are prohibited from trading the Company’s securities during the 30‑day black‑out period ahead of financial results publication. The board meeting for releasing 2026 interim results is tentatively scheduled for 28 August 2026, hence the sale occurred within the black‑out period. Dr. Lin and Ms. Su are satisfied that the sale constitutes special circumstances as defined under the Listing Rules, which view is endorsed by the other Directors. No unpublished inside information existed within the Company at the time of the sale.

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REALORD TECH 01196.HK forced sale lock-up period