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Tianli International Holdings Limited ( (HK:1773) ) has shared an update.
Tianli International Holdings Limited announced that its chairman, executive director and chief executive officer, Luo Shi, has increased his stake in the company by purchasing 1.7 million shares on the open market at an average price of HK$2.85 per share. Following the transaction, Luo directly and indirectly holds approximately 43.86% of the company’s issued shares, excluding repurchased and treasury shares, and also retains 30 million unexercised share options. The move signals Luo’s confidence in Tianli’s business outlook and prospects, and while he may further increase his shareholding subject to legal and regulatory requirements, the company confirmed that it continues to maintain sufficient public float under Hong Kong listing rules and urged shareholders and investors to exercise caution when trading its securities.
More about Tianli International Holdings Limited
Tianli International Holdings Limited is a Cayman Islands–incorporated company listed on the Hong Kong Stock Exchange. The group operates through various subsidiaries, though this announcement focuses on its capital market activities and shareholding structure rather than detailing specific operating businesses or market segments.
Average Trading Volume: 17,978,135
Technical Sentiment Signal: Hold
Current Market Cap: HK$5.82B
Learn more about 1773 stock on TipRanks’ Stock Analysis page.