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Founder Holdings President Steps Down; Successor Named
FOUNDER HOLD (00418.HK): Zhang Jianguo has been appointed as the president and authorized representative.
Gelonghui, December 17, FOUNDER HOLD (00418.HK) announced that Mr. Shao Xing has resigned as President and authorized representative, effective December 17, 2024. Mr. Shao will continue to serve as Executive Director. Mr. Zhang Jianguo has been appointed as President and authorized representative to succeed Mr. Shao Xing, effective December 17, 2024.
FOUNDER HOLD (00418.HK) received over-the-counter Shareholding of 0.134 billion ordinary shares from Hanyi International (Hong Kong) Limited and its affiliates, valued at approximately 0.134 billion Hong Kong dollars.
On December 12, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on December 12, Hanyi International (Hong Kong) Limited increased its shareholding in $FOUNDER HOLD (00418.HK)$ by 0.134 billion ordinary shares at an average price of 1.0 HKD per share through over-the-counter transactions, valued at approximately 134 million HKD. After the increase, Hanyi International (Hong Kong) Limited's latest number of shares held is 134 million shares, with the proportion increasing from 0.00% to 11.
Express News | Hanyi Co., Ltd.: Plans to invest 0.134 billion HKD to acquire 11.2% of the shares of founder hold.
FOUNDER HOLD: 2024 INTERIM REPORT
HK stocks surged in the afternoon | Founder Holdings (00418) rose more than 29% in the closing session, and the mid-term loss narrowed by more than 83%, repaying Peking University Founder entrusted loans in July.
Founder Holdings (00418) rose more than 29% in the final trading session, up 25% to HK$0.65 at the time of publication, with a turnover of HK$7.2284 million.