REALORD TECH (01196.HK): 81.29m Shares of Major Shareholder Force-Sold

NewTimeSpace News: On 22 October 2026, Realord Technology Corporation (stock code: 01196) published an inside information announcement stating that the board noted significant movements in the price and trading volume of the Company's shares that day. The board was informed by Dr Lin Xiaohui (林晓辉) and Ms Su Jiaohua (苏娇华), each an executive director, that 81,294,000 shares (approximately 1.41% of the total issued shares as at the date of the announcement) held by Meilin Holdings (美林控股) in a securities margin account were forcibly sold in the market that day.

Meilin Holdings is beneficially owned as to 70% by Dr Lin and 30% by Ms Su. Following the share sale, Meilin Holdings holds 2,814,474,000 shares, representing approximately 48.78% of the total issued shares as at the date of the announcement.

Save as disclosed above and after reasonable enquiry, the board is not aware of any other reason for the movements in the share price or trading volume, nor of any information that must be announced to avoid a false market in the shares, or any other inside information required to be disclosed under Part XIVA of the Securities and Futures Ordinance. Shareholders and potential investors are advised to exercise caution when dealing in the shares.