01538.HK announced that Qichang International, the controlling shareholder, had bought a total of 11.37 million shares in the company on the market between November 30 and December 17 at a total consideration of 6.65 million yuan.
The number of shares held by Qichang increased from 462 million shares (equivalent to about 54.08 per cent of the company's issued share capital) to 474 million shares (equivalent to about 55.41 per cent of the company's issued share capital).
Qichang is 40 per cent owned by Xuji, which is owned by chairman of the board, company executive director and chief executive Liu Jian and Hilton Assets (as trustee of Liu family trust) 15 per cent and 85 per cent respectively.