BLOKS (00325.HK): controlling shareholder trims stake to 2.01%

On 22 October 2026, BLOKS (00325.HK) said Smart Bloks sold 3,849,000 shares at HK$ 65.28 each, cutting its stake from 3.57% to 2.01% and Zhu Weisong's to 52.03%.
Key Highlights:
  • Zhu's interest fell from 132,022,991 shares, about 53.59%, to 128,173,991 shares, about 52.03%, with control and management unchanged.
  • No new shares were issued and there is no dilution; the Company said operations and finances remain normal with no material adverse impact.

NewTimeSpace News: On 22 October 2026, Bloks Group Limited (stock code: 00325) said Smart Bloks Limited, a controlling shareholder group member, sold 3,849,000 shares at HK$ 65.28 each in a block trade on 22 October 2026, about 1.56% of the issued shares excluding treasury shares. Smart Bloks was set up in the British Virgin Islands in July 2021 and is wholly owned by Zhu Weisong, chairman and chief executive.

Smart Bloks held 8,805,846 shares, about 3.57%, before the sale and 4,956,846 shares, about 2.01%, after. Zhu's interest fell from 132,022,991 shares, about 53.59%, to 128,173,991 shares, about 52.03%, leaving over 30% of voting rights, so he remains the controlling shareholder and control and management are unchanged. Smart Bloks said the sale met its own funding needs, was a private shareholder matter unrelated to the Group, and it remains confident in the Group. The Company said operations and finances are normal, with no new shares issued, no dilution.

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