SY Holdings (06069) Chairman Tung Chi Fung, the controlling shareholder and chairman of the board, has increased his shareholding in the company by nearly 10 million Hong Kong dollars.

SY Holdings (06069) announced that the Board of Directors has been informed by the Chairman, Executive Director, and controlling shareholder, Mr. Tung Chi Fung, that Mr. Tung purchased 250,000 shares, 506,000 shares, and 226,000 shares of the company through his controlled entity, Wisdom Cosmos Limited, on March 18, 19, and 23, 2026, respectively. The average purchase prices were HK$10.3236, HK$10.0764, and HK$10.1445 per share, amounting to a total increase of nearly HK$10 million. Furthermore, Mr. Tung intends to further purchase shares of the company on the open market within the next 12 months, with a proposed total amount of HK$50 million for the additional purchases, subject to compliance with applicable laws and regulations. Mr. Tung voluntarily commits not to reduce his shareholding in the company held directly through Wisdom Cosmos for the next 12 months from the date of this announcement. According to Mr. Tung, these additional purchases, proposed further purchases, and selling restriction commitment are based on his rational assessment of the current valuation of the company and his strong confidence in the overall development prospects of the group, including recognition of the platform strategy, international expansion, and new industry development. Since the company's listing, Mr. Tung has never sold any shares of the company in any form and has increased his shareholding several times, accumulating over 10 million shares with a total increase of over HK$81 million.