Goldstream Investments (01328) acquires 3 million shares of Meitu for approximately HK$13.14591 million.
Kingray Investments (01328) announced that on April 1, 2026, its wholly-owned subsidiary Redwood acquired 3 million shares of Meitu at a total cost of approximately 131.4591 million Hong Kong dollars (excluding transaction costs) on the market of The Stock Exchange of Hong Kong Limited (SEHK), at an average price of approximately 4.382 Hong Kong dollars per share.
GOLDSTREAM INV (01328) has announced that on April 1, 2026, its wholly-owned subsidiary Redwood conducted market transactions on the Hong Kong Stock Exchange to acquire 3 million shares of Meitu at a total price of approximately HK$131.4591 million (excluding transaction costs), at an average price of approximately HK$4.382 per share.
The company noted that Meitu is a leader in artificial intelligence beauty solutions and a pioneer in subscription-based products based on AI-generated content technology. Therefore, the company is optimistic about Meitu's financial performance and future prospects, and believes that the acquisition is in line with the group's investment criteria and is in the overall interest of the company and its shareholders. In addition, based on the strategic cooperation agreement with Meitu, the company expects to continue to strengthen its relationship with Meitu through various means (including but not limited to direct investment). The strategic cooperation planned between the company and Meitu under the strategic cooperation agreement has made substantial progress.
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