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Wealthy Way Group Ltd. ( (HK:3848) ) has shared an announcement.
Haosen Fintech Group Limited has issued a supplemental announcement regarding a previously disclosed loan facility transaction, providing additional detail on the shareholding structure of the unnamed borrower. The borrower is owned by three individuals, with Mr. Xiao Fa Kun holding 87.5% of the shares and Mr. Wang Yi Jun and Mr. Du Yong Xiang each holding 6.25%, and the company confirmed that all three are independent third parties with no connection to Haosen.
The company stated that all other terms and information related to the loan facility remain unchanged, and the supplemental disclosure is intended to give shareholders and potential investors greater transparency about the counterparty’s ownership. By clarifying the borrower’s independence, Haosen aims to address investor concerns over related-party risks and reinforce confidence in its loan origination and transaction disclosure practices.
The most recent analyst rating on (HK:3848) stock is a Hold with a HK$11.00 price target. To see the full list of analyst forecasts on Wealthy Way Group Ltd. stock, see the HK:3848 Stock Forecast page.
More about Wealthy Way Group Ltd.
Haosen Fintech Group Limited is a Cayman Islands-incorporated company listed in Hong Kong, operating in the financial technology and lending sector. The group is governed by a board comprising an executive director, a non-executive director and several independent non-executive directors, reflecting a standard Hong Kong-listed corporate governance structure.
Average Trading Volume: 146,564
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.75B
For an in-depth examination of 3848 stock, go to TipRanks’ Overview page.