Hong Kong Securities Regulatory Commission: GR LIFE STYLE (00108) has a high degree of equity concentration.

GR LIFE STYLE (00108) announced that the Securities and Futures Commission recently conducted an inquiry into the company's equity distribution. The inquiry results showed that as of December 9, 2025, ten shareholders and related parties collectively held 5.48 billion shares of the company's stock, representing 17.02% of the company's issued share capital. The results also showed that as of December 9, 2025, 430 million shares of the company's stock (13.36% of the issued share capital) were held by shareholders who directly or indirectly acquired the company's shares through over-the-counter transactions from Hong Rui International Investment (Hong Kong) Limited (in which the company's two executive directors, Mr. Wei Chunxian (Mr. Wei) and Mr. Sun Zhongmin (Mr. Sun), have beneficial ownership). Together with the shares held or deemed to be held by Mr. Wei and Mr. Sun amounting to 19.53 billion shares of the company (60.66% of the issued share capital), representing 91.04% of the company's issued share capital. Therefore, the company only has 2.89 billion shares of the company's stock (8.96% of the issued share capital) held by other shareholders. The closing price of the company's stock rose by 476.92% from 0.65 Hong Kong dollars on June 30, 2025, to 3.75 Hong Kong dollars on December 9, 2025. On December 19, 2025, the company's stock price closed at 2.97 Hong Kong dollars, an increase of 356.92% from the closing price of 0.65 Hong Kong dollars on June 30, 2025.