EASOU TECH shareholders will transfer stocks from Hong Kong Stock Connect (Shanghai) to Bank of China (Hong Kong) with a transfer value of HKD 79.1023 million

According to the latest information from the Hong Kong Stock Exchange, on September 10, EASOU TECH shareholders transferred their stocks from the Hong Kong Stock Connect (Shanghai) to Bank of China (Hong Kong), with a transfer market value of HKD 79.1023 million, accounting for 5.61%. The Shanghai Stock Exchange and Shenzhen Stock Exchange recently announced that EASOU TECH has been removed from the list of Hong Kong Stock Connect eligible stocks, effective from September 8. The latest data shows that EASOU TECH's holdings in the Hong Kong Stock Connect still account for as much as 47.63%. In the first half of this year, EASOU TECH achieved revenue of approximately RMB 382 million, an increase of 37.6% year-on-year; the profit attributable to the parent company was RMB 10.404 million, a year-on-year increase of 207.36%. The announcement stated that the increase in revenue was mainly due to the growth in digital marketing services and digital reading platform services