DMALL (02586.HK): Controlling Shareholder Zhang Wenzhong Makes First Purchase of 1,361,400 Shares

NewTimeSpace News: On 11 September 2026, Dmall Inc. (stock code: 02586) announced on a voluntary basis that its controlling shareholder, Dr. Zhang Wenzhong, purchased an aggregate of 1,361,400 ordinary shares of the company on the open market for the first time on 10 September 2026 through Celestial Limited using his own funds.

The controlling shareholder considers that the recent trading price of the shares does not reflect the company's intrinsic value, particularly given the Group's sound financial performance and growth momentum. The purchase reflects his full confidence in the Group's long-term prospects, especially its strategic positioning as a retail AI agent service provider, its improving profitability and long-term growth potential. Subject to applicable laws and regulatory requirements, the controlling shareholder intends to further increase his shareholding at an appropriate time. The company confirmed that it has maintained a sufficient public float of its issued shares in compliance with the Listing Rules following the purchase and as at the date of the announcement.

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