Meitu: Major shareholders reduce their holdings by 128 million shares, the CEO of the company will increase its holdings in due course
According to online reports, Meitu (01357.HK) announced on the Hong Kong Stock Exchange that Cai Wensheng, a major shareholder of the company, sold 128 million shares of the company from February 17 to February 21, 2025, accounting for approximately 2.81% of the total number of issued shares of the company. The Board of Directors was informed by Wu Zeyuan, founder, chairman and CEO of the Company, that he is confident in the Company's future business prospects and will further increase the Company's shares at an appropriate time after the Company's annual results announcement is released and the lock-up period ends (i.e. after March 18, 2025).
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