Hong Kong Securities and Futures Commission: DEEWIN (02418) has a highly concentrated ownership structure, with only 1.10% of the shares held by other investors.

On December 2, the Securities and Futures Commission of Hong Kong (SFC) issued a public announcement regarding the concentration of shares of DEEWIN Limited (referred to as DEEWIN, 02418) among a small number of shareholders on November 18, 2025. The SFC recently conducted an inquiry into the distribution of DEEWIN's shares. The inquiry results showed that on November 18, 2025, ten shareholders collectively held 546,382,000 H shares, equivalent to 98.90% of the company's issued H share capital. Therefore, the company only had 6,054,500 H shares (representing 1.10% of the issued H share capital) held by other investors. The closing price of DEEWIN's H shares rose by 304% from 2.30 Hong Kong dollars on September 29, 2025 to 9.29 Hong Kong dollars on November 18, 2025. On December 1, 2025, the closing price of the company's H shares was 9.88 Hong Kong dollars, a 330% increase from the closing price of 2.30 Hong Kong dollars on September 29, 2025. The SFC cautioned that due to the high concentration of shares among a small number of shareholders, even a small amount of shares trading could lead to significant fluctuations in the price of the company's H shares. Shareholders and potential investors are advised to exercise caution when buying or selling the company's H shares.