Hong Kong Securities and Futures Commission: CARLINK TECH (02531) has a high concentration of equity ownership, with only 5.06% of shares held by other shareholders.

On January 15th, the Hong Kong Securities and Futures Commission announced that they had recently conducted an investigation into the shareholding distribution of CARLINK TECH (02531). The results showed that as of January 2, 2025, there were 20 shareholders, including the company's 3 executive directors, holding a total of 348 million shares of the company, equivalent to 94.94% of the company's issued share capital. Therefore, the company only had 18.5595 million shares (5.06% of the issued shares) held by other shareholders. The 3 executive directors are Mr. Zhu Lei, Mr. Jiang Zhongyong, and Mr. Zhao Zhan. As of January 2, 2025, they respectively indirectly held 32,996,665 shares, 25,943,360 shares, and 17,408,745 shares. CARLINK TECH was listed on the Main Board of the Hong Kong Stock Exchange on July 15, 2024, at an offer price of HK$4.70 per share. Between July 15, 2024 and January 2, 2025, the company's shares rose from the listing price of HK$4.70 to the closing price of HK$27.0 on January 2, 2025, an increase of 474%. As of January 14, 2025, the company's share price closed at HK$29.70, a 532% increase from the listing price of HK$4.70. The Hong Kong Securities and Futures Commission reminds that due to the highly concentrated shareholding among a small number of shareholders, even a small amount of shares traded could lead to significant fluctuations in the company's share price. Shareholders and prospective investors are advised to exercise caution when buying and selling the company's shares.