GEEKPLUS-W (02590.HK): Former Shareholder Marcasite Sells 4.78% Stake and Exits

NewTimeSpace News: On 16 September 2026, Beijing Geekplus Technology Co., Ltd. (stock code: 02590) published a voluntary announcement, disclosing that the Board was informed by Marcasite Gem Holdings Limited, a former shareholder of the Company, that it had sold 48,915,423 shares of the Company, representing approximately 4.78% of the total number of issued shares of the Company. Following completion of the disposal, Marcasite no longer holds any shares and has ceased to be a shareholder of the Company.

The announcement states that the Company is not a party to the disposal, which does not involve any issue, allotment or repurchase of shares by the Company and does not affect the total number of issued shares of the Company. Based on the information currently available to the Board, the disposal is not expected to have any material adverse impact on the Group's business operations or financial position.

The voluntary announcement refers to the Company's voluntary announcement dated 27 July 2026 regarding a shareholder's disposal of shares.

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