NANHUA FUTURES (02691.HK) controlling shareholder concert party buys 978,500 H shares, plans up to 30 million more

NewTimeSpace News: On November 9, 2026, Nanhua Futures Co., Ltd. (02691.HK/603093.SH) announced that Dongyang Hengdian Yushan Sports and Leisure Co., Ltd., a concert party of controlling shareholder Hengdian Group Holdings Co., Ltd., on November 9, 2026 made its first purchase of 978,500 H shares of the company through the Shanghai Stock Exchange's Stock Connect trading system, representing 0.09% of the company's total share capital.

Before the purchase, Yushan Sports held no A shares or H shares; following the purchase it holds 978,500 H shares, or 0.09% of total share capital. Yushan Sports is a controlled subsidiary of Hengdian Holdings and is acting in concert with the controlling shareholder. As at the date of the announcement, Hengdian Holdings and its concert parties together hold 680,921,305 shares, or 65.59% of total share capital, comprising 616,425,305 shares held by Hengdian Holdings (59.37%), 35,496,000 shares by Dongyang Henghua Investment Partnership (Limited Partnership) (3.42%), and 14,500,000 shares each by Zhejiang Hengdian Import & Export Co., Ltd. (1.40%) and Hengdian Group DMEGC Magnetics Co., Ltd. (1.40%).

Under the follow-on plan, Yushan Sports intends to acquire up to 30 million H shares in aggregate through centralised bidding on the Shanghai Stock Exchange's Stock Connect system within six months from the date of the first purchase. No price range has been set; Yushan Sports will take into account factors such as the company's intrinsic value and market price trends and implement the plan at appropriate times, funded by its own and self-raised resources. The announcement said the purchase reflects confidence in the company's long-term stable development and recognition of its value, and will not cause the company's shareholding distribution to fail to meet listing conditions or result in a change of control.