JUXIN AINNOVATION HK LIMITED Boosts Stake in AINNOVATION (02121) with 1.98 Million Share Purchase

Stock News

Sep 15

Hong Kong Stock Exchange filings reveal that on September 9, JUXIN AINNOVATION HK LIMITED increased its position in AINNOVATION (02121) by acquiring 1.98 million shares at a price of HKD 4.0302 per share, totaling approximately HKD 7.98 million.

Following this transaction, the company's latest shareholding stands at 34.957 million shares, representing a 6.20% stake in the firm. The deal involves other related parties, including Wuxi Juxin AInnovation Enterprise Management Partnership Enterprise (Limited Partnership), CITIC Trust PE Co., Ltd., and CITIC Trust Co., Ltd.

Supplementary details indicate that CITIC Limited fully owns CITIC Corporation Limited, which in turn wholly owns China CITIC Financial Holdings Co., Ltd., which wholly owns CITIC Trust Co., Ltd., which wholly owns CITIC Trust PE Co., Ltd. CITIC Trust PE serves as the General Partner (GP) with a 0.03% interest in Wuxi Juxin AInnovation Enterprise Management Partnership Enterprise, while an employee shareholding service trust managed by CITIC Trust acts as the Limited Partner (LP) holding a 99.97% interest. The Partnership wholly owns Juxin Ainnovation HK Ltd.

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The deal involves other related parties, including Wuxi Juxin AInnovation Enterprise Management Partnership Enterprise (Limited Partnership), CITIC Trust PE Co., Ltd., and CITIC Trust Co., Ltd.<br><br>Supplementary details indicate that CITIC Limited fully owns CITIC Corporation Limited, which in turn wholly owns China CITIC Financial Holdings Co., Ltd., which wholly owns CITIC Trust Co., Ltd., which wholly owns CITIC Trust PE Co., Ltd. CITIC Trust PE serves as the General Partner (GP) with a 0.03% interest in Wuxi Juxin AInnovation Enterprise Management Partnership Enterprise, while an employee shareholding service trust managed by CITIC Trust acts as the Limited Partner (LP) holding a 99.97% interest. 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