Understanding the Market | EPI (HOLDINGS) rose over 15% during the session after recently acquiring 13.92% of VCYBER's shares

Zhitong
2025.09.23 03:32
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EPI (HOLDINGS) stock price rose more than 15% during the session, with an increase of 15.79% as of the time of publication, trading at HKD 0.176, with a transaction volume of HKD 1.7647 million. The company announced that its major shareholder Billion Expo International Limited has sold 86.2086 million shares to VCYBER Holdings Limited, accounting for approximately 13.92% of the issued shares. After this transaction, VCYBER Holdings has become the company's major shareholder

According to Zhitong Finance APP, EPI (HOLDINGS) (00689) rose over 15% during the trading session, and as of the time of publication, it was up 15.79%, priced at HKD 0.176, with a trading volume of HKD 1.7647 million.

In terms of news, EPI (HOLDINGS) announced that on September 19, 2025 (after trading hours), the company's major shareholder Billion Expo International Limited (seller) informed that it has sold a total of 86,208,600 shares of the company to VCYBER Holdings Limited (buyer, a company incorporated in the British Virgin Islands), accounting for approximately 13.92% of the issued shares as of the date of this announcement (transfer matter).

The buyer is an investment holding company wholly owned by Shen Jiaxin. As of the date of this announcement, Shen Jiaxin is one of the directors of EPI Intelligent Mobility Investment Limited (a company incorporated in Hong Kong and an indirect non-wholly owned subsidiary of the company).

Following the completion of the transfer matter, the seller no longer holds any equity in the shares and is no longer a major shareholder of the company (as defined in the listing rules); and the buyer has acquired rights to 86,208,600 shares (accounting for approximately 13.92% of the issued shares as of the date of this announcement) and has become a major shareholder of the company (as defined in the listing rules)