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Zhongsheng Group CEO, Chairman Purchase 692,500 Shares

MT Newswires ·  10/03 11:52

11:50 PM EDT, 10/02/2022 (MT Newswires) -- Zhongsheng Group Holdings (HKG:0881) President and Chief Executive Officer Li Guoqiang and Chairman Huang Yi acquired a total of 692,500 shares of the company on the market, according to a Friday filing by the automotive retail and services company.

Li purchased 320,000 shares at HK$31.5008 ($4.01) apiece, while Huang acquired 372,500 shares at HK$31.6490 apiece.

The transactions were made through Blue Natural Development, an entity indirectly wholly-owned by Li and Huang.

Li and Huang now hold a total of 52.12% stake in Zhongsheng Group.

Price (HKD): $30.70, Change: $-0.65, Percent Change: -2.07%

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