WellCell Holdings Co., Limited – Substantial Shareholder Disposes Major Stake

Key Points:

• WellCell Group Co., Limited, a substantial shareholder of WellCell Holdings (Stock Code: 2477), has entered into three sale and purchase agreements to dispose of a significant portion of its holdings.
• The agreements were signed after trading hours on June 10, 2026.
• Each agreement involves the sale of 192,000,000 ordinary shares (with par value HK\$0.00125 each), amounting to a total of 576,000,000 shares (representing 14.4% of the Company’s issued share capital).
• The sale price for each share under the agreements is HK\$0.3445.
• Completion of each disposal is expected within 20 business days from signing, unless otherwise agreed by the parties.

Detailed Breakdown:

1. SPA 1: WellCell Group sells 192,000,000 shares (4.8% of issued capital) to Purchaser 1 at HK\$0.3445 per share.

2. SPA 2: Another 192,000,000 shares (4.8%) sold to Purchaser 2 at the same price.

3. SPA 3: A further 192,000,000 shares (4.8%) sold to Purchaser 3, also at HK\$0.3445 per share.

Shareholding and Group Structure:

• Before the disposals, WellCell Group held 664,000,000 shares (16.6% of issued capital).
• Following completion, WellCell Group’s holding will shrink to 88,000,000 shares (2.2%), and it will cease to be a substantial shareholder.
• WellCell Group is owned by Shine Dynasty Limited (51.5%, wholly-owned by Mr. Jia Zhengyi, executive Director) and Cheer Partners Limited (37.5%, wholly-owned by Mr. Lin Qihao, non-executive Director).

Purchasers’ Independence:

• All three purchasers and their associates are independent and not connected with the Company, its directors, controlling shareholders, or any other connected person.
• They are not parties acting in concert with the Company or its controlling/substantial shareholders.
• The acquisition will not trigger a mandatory general offer under Hong Kong’s Takeovers Code.

Potential Impact and Price Sensitivity:

• The disposals represent a substantial change in shareholding structure, as a major shareholder is exiting its position.
• Such a move may affect market perception of the Company and could influence share price, especially given the size and nature of the transactions.
• The Board states that the disposals will not adversely affect the Group’s business operations or future prospects.
• Shareholders and investors are advised to exercise caution when dealing in the Company’s securities.
• The Company will make further announcements as required by the Listing Rules.

Board Composition:

• Executive Directors: Qian Fenglei (Chairman), Jia Zhengyi, Zhang Xiaolong
• Non-executive Director: Lin Qihao
• Independent Non-executive Directors: Wong Che Man Eddy, Dan Xi, Chan Wai Dune

Disclaimer: This article is based on publicly available information from WellCell Holdings Co., Limited’s official announcement. It does not constitute investment advice. Investors should consult their financial advisors and exercise caution, as substantial share disposals can impact share price and market behavior.

廣東話版本

經緯天地控股有限公司：主要股東大額股份出售

重點摘要：

• 經緯天地控股（股份代號：2477）之主要股東WellCell Group Co., Limited已於2026年6月10日收市後，簽訂三份股份買賣協議，出售大量股份。
• 每份協議涉及出售1.92億普通股（每股面值HK\$0.00125），總數為5.76億股份（佔公司已發行股本14.4%）。
• 每股售價為HK\$0.3445。
• 預計買賣完成日期為協議簽署後20個工作日內，或雙方書面協議的其他日期。

詳細內容：

1. SPA 1：WellCell Group向買家1出售1.92億股（佔4.8%），每股HK\$0.3445。

2. SPA 2：再向買家2出售1.92億股（佔4.8%），每股同價。

3. SPA 3：向買家3出售1.92億股（佔4.8%），每股HK\$0.3445。

股權及集團架構：

• 出售前，WellCell Group持有6.64億股份（佔16.6%）。
• 出售後，持股減少至8,800萬股（佔2.2%），不再屬於主要股東。
• WellCell Group由Shine Dynasty Limited（51.5%，由執行董事賈正義全資擁有）及Cheer Partners Limited（37.5%，由非執行董事林啟豪全資擁有）持有。

買方獨立性：

• 三位買家及其關聯人士均獨立於公司、董事、控股股東及其他相關人士。
• 並非與公司或主要股東一同行動的一致人。
• 收購不會觸發《收購及合併守則》的強制全面要約。

潛在影響及敏感事項：

• 此次出售屬於重大股權變動，主要股東大幅減持或退出，可能影響市場對公司的看法及股價。
• 董事會認為，出售不會對集團的業務或未來前景造成負面影響。
• 股東及投資者應審慎操作。
• 公司將按上市規則適時發布進一步公告。

董事會組成：

• 執行董事：錢鋒磊（主席）、賈正義、張小龍
• 非執行董事：林啟豪
• 獨立非執行董事：黃車文Eddy、丹西、陳偉端

免責聲明： 本文根據經緯天地控股有限公司公告內容撰寫，僅供參考，不構成任何投資建議。投資者應諮詢財務顧問，因主要股東大額減持可能影響股價及市場行為，須審慎操作。

View WELLCELL HOLD Historical chart here