GAUSH MEDITECH (02407) received 31.72 million shares transferred by its controlling shareholder, High Tech Tower.

GAUSH MEDITECH (02407) announced that Mr. Gaotie Ta, the controlling shareholder, executive director, and chairman of the board of the company, has notified that his wholly-owned company, GAUSH HOLDING Ltd (the Donor or GT HoldCo), entered into a deed of gift with Godax Ltd (Godax) and Kleido Limited (Kleido) on June 1, 2026. According to the deed, the Donor will transfer 31.7219 million shares of the company, with a face value of $0.0001 per share, to the Donees, representing approximately 21.45% of the company's issued share capital. This includes: (i) the transfer of 7.3205 million shares to Godax, representing approximately 4.95% of the company's issued share capital; and (ii) the transfer of 24.4015 million shares to Kleido, representing approximately 16.50% of the company's issued share capital. Godax is ultimately owned by Mr. Gao Jinta, who is the brother of Mr. Gaotie Ta; Kleido is ultimately owned by Mr. Gao Ran, who is the son of Mr. Gaotie Ta. The purpose of the share transfer is mainly for the redistribution of family assets among family members and to strengthen the family's collective commitment to the future prosperity and development of the group.