BEST PACIFIC (02111): The public shareholding ratio is approximately 16.87%.

date
21:59 12/08/2026
avatar
GMT Eight
Chao Ying International Holdings (02111) announced that as of the date of this announcement, the company's public shareholding ratio is approximately 16.87%, which has fallen below the 25% threshold of the total issued shares required to be held by the public as stipulated in Rule 13.32B(1) of the Securities Listing Rules of The Stock Exchange of Hong Kong Limited.
BEST PACIFIC (02111) announced that as of the date of this announcement, the company's public float was approximately 16.87%, which has fallen below the 25% threshold required by the Securities Listing Rules of the Hong Kong Stock Exchange Limited under Rule 13.32B(1) for the total number of issued shares to be held by the public. The Board of Directors was first notified on August 11, 2026, that after FMR LLC's controlled entity purchased 116,000 shares, FMR LLC has rights in 104 million shares, and FMR LLC's equity in the company increased from approximately 9.99% to approximately 10.00% of the total issued capital of the company. As of the date of this announcement, taking into account the shares held by FMR LLC and other core related parties of the company, the company's public float is approximately 16.87%, which has fallen below the minimum required percentage. As of the date of this announcement, the company is considering various options to restore its public float, including but not limited to proposing to FMR LLC to reduce its perceived holdings to below 10% of the total issued share capital. The company will take appropriate measures as soon as practicable in accordance with the listing rules to ensure, to the extent feasible, that the public float is restored to the required percentage, with a target completion date by the end of August 2026.