Zhang, Frank Fangliang 章方良
	
	
	
	
	
	
		
		
		| Exchange | 
		Code | 
		Listed | 
		Last trade | 
		Delisted | 
		 | 
		
		
			
				| HK Main | 
				01548 | 
				 2015-12-30 | 
				  | 
				  | 
				
				
					
				
				 | 
			
			
		
		
	
	
	
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	Filing data
	
		| Date of relevant event: | 2025-04-14 | 
		| Awareness date (if later): |  | 
		| Filing date: | 2025-04-17 | 
		
			| Original filing: | 
			Click here | 
		
		| Shares in issue as filed: | 2,165,058,787 | 
	
	
			Long event
			
			| Stated disclosure reason: | Exercised derivative rights to acquire | 
			
				| Capacity before: | Concert party | 
			
				| Capacity after: | Concert party | 
			
			| Shares involved: | 5,120,000 | 
			
			| Currency: | HKD | 
			
				| Average off-exchange consideration: | 0.481 | 
			
				| Implied total value: | 2,462,720 | 
	
					
			
			
	Positions before and after the event
	
		
			 | 
			Interest in shares | 
		
		
			| Position | 
			Before | 
			After | 
			Change | 
		
		
		
			| Long | 
			818,309,753 | 
			818,309,753 | 
			0 | 
		
		
	
	
	
		
			 | 
			Percent of issued | 
		
		
			| Position | 
			Before | 
			After | 
			Change | 
		
		
		
			| Long | 
			37.80% | 
			37.80% | 
			0.00% | 
		
		
	
	
		Capacity of interests after the event
		
			
				 | 
				Interest in shares | 
			
			
				| Capacity | 
				Long | 
				Short | 
				Net | 
			
		
			
				| Interest of corporation >=1/3 controlled | 
			
				799,999,123 | 
				
				0 | 
			
				799,999,123 | 
			
			
			
				| Interest of spouse | 
			
				73,529,899 | 
				
				0 | 
			
				73,529,899 | 
			
			
			
				| Trustee | 
			
				4,253,415 | 
				
				0 | 
			
				4,253,415 | 
			
			
			
				| Founder of discretionary trust with influence | 
			
				167,462,745 | 
				
				0 | 
			
				167,462,745 | 
			
			
			
				| Concert party | 
			
				818,309,753 | 
				
				0 | 
			
				818,309,753 | 
			
			
		
			
		
			
				 | 
				Percent of issued | 
			
			
				| Capacity | 
				Long | 
				Short | 
				Net | 	
			
		
			
				| Interest of corporation >=1/3 controlled | 
			
				36.95% | 
				0.00% | 
				36.95% | 
			
		
			
				| Interest of spouse | 
			
				3.40% | 
				0.00% | 
				3.40% | 
			
		
			
				| Trustee | 
			
				0.20% | 
				0.00% | 
				0.20% | 
			
		
			
				| Founder of discretionary trust with influence | 
			
				7.73% | 
				0.00% | 
				7.73% | 
			
		
			
				| Concert party | 
			
				37.80% | 
				0.00% | 
				37.80% | 
			
		
		
	
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