Arrail Group Ltd. (HK:6639) has released an update.
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Arrail Group Limited’s founder and CEO, Zou Qifang, has increased his stake in the company by purchasing 200,000 shares at an average price of HK$3.08 per share. This move reflects Zou’s confidence in the company’s future prospects, as he now holds approximately 31.58% of the total issued capital. Zou has consistently increased his shareholding since the company’s listing in 2022, without selling any shares except to cover tax obligations.
For further insights into HK:6639 stock, check out TipRanks’ Stock Analysis page.