Laopu Gold's Major Shareholder Increases Stake with HK$166 Million Purchase

On May 20, Laopu Gold (06181.HK) announced that Mr. Xu Dongbo, a major shareholder, informed the board of directors about his acquisition of 335,700 H shares in the company using personal funds. According to Jin10, this purchase, amounting to approximately HK$166 million, represents about 0.19% of the company's total issued shares. This acquisition was a personal decision by Mr. Xu Dongbo. Following this transaction, the company's major shareholders, including Mr. Xu Gaoming, Mr. Xu Dongbo, and Beijing Hongqiao Jinji Consulting Co., Ltd., collectively hold 102,690,600 shares, comprising 33,202,940 unlisted shares and 69,487,660 H shares, which account for approximately 58.10% of the company's total issued shares.