---
title: "WK GROUP shareholders transferred their stocks from Hua Fu Jian Ye Securities to Shide Securities, with a transfer market value of HKD 68.571 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/256459678.md"
description: "On September 6th, shareholders of WK GROUP transferred their shares from Hua Fu Jian Ye Securities to Shi De Securities, with a transfer market value of HKD 68.571 million, accounting for 6.01%. The shareholder is WK (BVI) Limited, and their shareholding ratio will decrease to 31% after the placement. The company expects that this placement will not adversely affect its operations"
datetime: "2025-09-09T00:18:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/256459678.md)
  - [en](https://longbridge.com/en/news/256459678.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/256459678.md)
---

# WK GROUP shareholders transferred their stocks from Hua Fu Jian Ye Securities to Shide Securities, with a transfer market value of HKD 68.571 million

According to the latest information from the Hong Kong Stock Exchange, on September 6, WK GROUP (02535) shareholders transferred their shares from Hua Fu Jian Ye Securities to Shi De Securities, with a transfer market value of HKD 68.571 million, accounting for 6.01%.

At the beginning of September, WK GROUP announced that the company's board of directors was informed by Mr. Chen Yongkang, the chairman of the board, non-executive director, and controlling shareholder (as defined in the listing rules), that WK (BVI) Limited (the seller, a company legally and beneficially owned by Mr. Chen Xinjie, Mr. Chen Xinjian, Mr. Chen Yongkang, Ms. Cai Zhichang, and Ms. Chen Shuwen with 30%, 30%, 15%, 15%, and 10% interests respectively) had entered into a placement agreement with Hua Fu Jian Ye Securities Limited on September 1, 2025 (after trading hours), under which the placement agent agreed to use its best efforts to facilitate investors to purchase up to 400 million existing shares of the company held by the seller at a price not less than HKD 0.25 per placement share.

As of the date of this announcement, the 400 million placement shares represent 20% of the company's existing issued share capital. Upon completion of the placement and assuming all placement shares are allocated to the subscribers, the seller's shareholding will be reduced to 620 million shares, accounting for 31% of the company's total issued share capital. Therefore, the seller will continue to be the controlling shareholder of the company.

The company expects that the placement will not have any adverse impact on the operations of the company and its subsidiaries

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