LVJI TECH (01745.HK): Controlling Shareholder Zang Weizhong Plans to Acquire Up to 1,000,000 Shares; Currently Holds 33.11%
NewTimeSpace News: On 8 September 2026, Lvji Technology Holdings Inc. (stock code: 01745) announced that it has been notified by Mr. Zang Weizhong, executive director, chairman of the Board and controlling shareholder, that Lu Jia Technology Holdings Limited, a company wholly and directly owned by Mr. Zang, intends to acquire, by way of transfer from one or more existing shareholders, up to 1,000,000 shares in the company from the date of the announcement.
As of the date of the announcement, Mr. Zang is interested in an aggregate of 16,757,413 shares, representing approximately 33.11% of the total issued shares. According to Mr. Zang's intention, following the proposed acquisition, the aggregate shareholding of the controlling shareholder and parties acting in concert will not increase by more than 2% above the lowest holding level in the preceding 12 months, thereby not triggering a mandatory offer obligation under Rule 26 of the Takeovers Code for a controlling shareholder holding between 30% and 50%.
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