APT Electronics (02551) controlling shareholder group and senior executives plan to further increase their holdings of the company's H shares.

APT ELECTRONICS (02551) announced that on April 20, 2026, the company received notification from the controlling shareholder group and senior management of the company. Based on their optimistic outlook on the future development prospects of the group, their confidence in the continued, stable, and healthy growth of the group, as well as their full recognition of the long-term investment value of the group, the controlling shareholder group and senior management plan to further increase their holdings of the company's H shares through open market transactions within 3 months from the date of this announcement. As of the date of this announcement, the controlling shareholder group holds a combined total of 65,218,835 H shares and 171,316,739 domestic shares, accounting for approximately 44.04% of the total issued share capital of the company. According to the intention of the controlling shareholder group, it is expected that the total shareholding of the controlling shareholder group in the company will not trigger the obligation under Rule 26 of the Takeovers and Mergers Code to make a mandatory offer for the minority shareholders (i.e. it will not increase its total shareholding by more than 2% above its lowest shareholding level in the twelve months preceding the proposed acquisition). Based on the information available to the company and the board of directors, it is expected that after the completion of this share increase plan, the company will continue to comply with the minimum public shareholding percentage requirement of the listing rules.