CHONG FAI JEWEL received an increase of 1 million shares from controlling shareholder Fu Zhenqiang
The controlling shareholder of CHONG FAI JEWEL, Fu Zhenqiang, increased his holdings by 1 million shares from September 12 to 19, 2025, at an average purchase price of approximately HKD 0.198, with a total expenditure of about HKD 198,000, accounting for 0.28% of the company's issued shares. The board of directors stated that this move demonstrates Fu Zhenqiang's confidence in the company's future development
According to the Zhitong Finance APP, CHONG FAI JEWEL (08537) announced that Mr. Fu Zhenqiang, the chairman of the board, executive director, CEO, and controlling shareholder, purchased 1 million shares of the company in open market transactions from September 12, 2025, to September 19, 2025, at an average price of approximately HKD 0.198 per share and a maximum price of HKD 0.203 per share, with a total cost of approximately HKD 198,000, accounting for about 0.28% of the total number of shares issued by the company as of the date of this announcement.
The board of directors believes that this increase in holdings reflects Mr. Fu Zhenqiang's confidence in the company's business strategy, development prospects, and future outlook
