LX Technology Corrects Shareholding Data in High-Concentration Notice

LX Technology Group Limited ( (HK:2436) ) has shared an announcement.

LX Technology Group Limited has issued a clarification on an earlier announcement regarding high concentration of shareholding, correcting a typographical error in the disclosed shareholding structure. The revised table confirms that chairman Hu Zuoxiong holds 21.74% of issued shares, alongside stakes held by other named shareholders and the public, while all other details in the prior announcement remain unchanged, helping investors rely on accurate ownership data.

The company now reports that Hu Zuoxiong owns 76,781,308 shares, with other key holdings including Beauty Bear Technology Limited at 7.64% and LX Brothers Technology Limited at 5.06%, and the balance held by other shareholders. By rectifying its shareholding disclosure without altering any other elements of the prior notice, the board aims to maintain regulatory compliance and transparency over its ownership profile for market participants.

The most recent analyst rating on (HK:2436) stock is a Sell with a HK$12.50 price target. To see the full list of analyst forecasts on LX Technology Group Limited stock, see the HK:2436 Stock Forecast page.

More about LX Technology Group Limited

LX Technology Group Limited is a Cayman Islands–incorporated company listed on the Stock Exchange of Hong Kong under stock code 2436. The board comprises executive and independent non-executive directors based in Shenzhen, indicating its operational focus is in mainland China, although this announcement does not specify its particular industry or product lines.

Average Trading Volume: 108,506

Technical Sentiment Signal: Buy

Current Market Cap: HK$4.27B

For a thorough assessment of 2436 stock, go to TipRanks’ Stock Analysis page.