Chenxiao International (00693) subsidiary sells a total of 708,100 shares of Subaru stock.

Zhito Finance APP News, Chen Chang International (00693) announced that during the relevant period, the company's indirectly wholly-owned subsidiary Redcliffe Investments sold call options to Nomura Singapore with a total premium of 57.8 million Japanese yen (equivalent to about 3 million Hong Kong dollars). Nomura Singapore may exercise the call options on the corresponding expiry date to purchase related Subaru shares held by Redcliffe Investments; and conducted a series of transactions in the open market, selling a total of 708,100 Subaru shares for a total amount of 2.196 billion Japanese yen (equivalent to about 116 million Hong Kong dollars) (excluding brokerage fees).