On September 24, 2026, TMF (Cayman) Ltd. disposed of 10,000,000 shares of MING YUAN CLOUD (00909) via an off-exchange derivative settlement, as HengXinYuan Investment Limited (HXY) settled the remaining options under an equity collar transaction with UBS AG, London Branch, and HXY's delivery obligation was netted off and discharged by termination. Concurrently, TMF (Cayman) Ltd. reduced its short position to zero (covering), also through an off-exchange transaction. The derivative settlement is not a direct secondary-market dealing.
Prior to the disposal, TMF (Cayman) Ltd.'s long position in MING YUAN CLOUD was 807.89 million shares, representing 42.64%; following the disposal, the holding changed to 797.89 million shares, with the long position ratio falling to 42.11%. Separately, the short position stood at 10.00 million shares (0.53%) before the event and was reduced to 0 shares (0.00%) thereafter.