On April 24, 2026, a leading supply chain fintech platform, SY Holdings Group Limited ("SY Holdings", stock code: 6069.HK) announced that the company's controlling shareholder and Chairman of the Board, Tung Chi Fung, has exceeded the target of the HK$50 million share purchase plan.
According to the announcement, the controlling shareholder acquired a total of 5.293 million shares in the open market using personal funds between March 18 and April 24, 2026, at an average price of HK$9.47 per share, amounting to approximately HK$50.15 million. Following this purchase, the controlling shareholder's direct shareholding ratio increased to approximately 53.44%.
The controlling shareholder stated that this purchase is based on full recognition of the company's long-term investment value, firm confidence in the company's sustained and steady future growth, and high affirmation of the company's current platform-based development strategy and its implementation results. Additionally, the controlling shareholder reiterated a voluntary commitment not to reduce shareholding within 12 months and indicated that further increases in shareholding may be considered in the future depending on overall market conditions and the pace of the company's development.
Since its listing, SY Holdings' controlling shareholder has never reduced shareholding, adhering to "long-termism" and growing alongside the company. The shareholder has repeatedly conveyed confidence in the company's development to the capital market through share purchases. To date, the controlling shareholder has cumulatively acquired over 14.4 million shares, with a total investment exceeding HK$120 million. This purchase also holds positive significance for maintaining the stability of the company's stock price and safeguarding the interests of all shareholders, especially minority shareholders.
SY Holdings stated that despite the impact of macroeconomic factors and market sentiment on the stock price, the company's fundamentals remain robust and improving, with accelerated expansion of its platform technology business. As of March 31, 2026, the platform had cumulatively served over 32,900 clients, representing year-on-year growth of over 75%. The cumulative scale of intelligently matched business on the platform exceeded RMB 350 billion, up over 35% year-on-year. The controlling shareholder's completion of the share purchase plan beyond the target and the commitment not to reduce holdings express affirmation of the company's existing business growth momentum and a firm belief that the company can continue to deliver "high growth" and "stable dividends" in the current market environment, creating greater long-term value for investors.
