On August 25, 2026, Daoqing Li increased his long position in XIAOCAIYUAN by 11,429,000 shares. The increase resulted from a transfer of shares from XCY Future Limited to Lighthouse Light Investments Limited, an entity in which Li holds 100% interests, constituting an off-exchange transaction not matched on the SEHK open market.
Prior to the acquisition, Daoqing Li's long position in XIAOCAIYUAN was 441.21 million shares, representing 37.5%; following the acquisition, the holding changed to 452.63 million shares, with the long position ratio rising to 38.47%.
This involves related parties: Wang Shugao, Tian Chunyong, Zhou Bin, Tao Xu'an, Ye Hongli, Fang Zhiguo, Wang Weifang, Chen Haiyan, Wang Enpeng, Tian Jiawen, XCY Yongqing Limited, Lighthouse Light Investments Limited.