WK GROUP shareholders transferred their stocks from Hua Fu Jian Ye Securities to Bao Xin Securities, with a transfer market value of HKD 71.4666 million

According to the latest information from the Hong Kong Stock Exchange, on September 23, shareholders of WK GROUP transferred their shares from Hua Fu Jian Ye Securities to Bao Xin Securities, with a transfer market value of HKD 71.4666 million, accounting for 6.27%. On September 1, 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) entered into a placement agreement with Hua Fu Jian Ye Securities Limited on September 1, 2025 (after trading hours), under which the placement agent has 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