Aoyuan Chairman Increases Shareholding Demonstrating Confidence in the Company’s Future
Date:2015-08-25
(25 Aug 2015 – Hong Kong) China Aoyuan Property Group Limited (“Aoyuan” or the “Company”, Stock Code: 3883), a renowned property developer in China, is pleased to announce that Mr. Guo Zi Wen, Chairman of Aoyuan, has increased his shareholding in the Company by acquiring 55,125,499 shares of Aoyuan from 13 August 2015 to 20 August 2015 involving an aggregate amount of approximately HK$91.41 million. Immediately following the share purchases, Mr. Guo’s shareholding in the Company has increased to 50.01%.
The increase is the best proof of the Chairman’s confidence in the business of the Company and its future development. Leveraging on the Company’s effective operation strategy and steady financial strength, Aoyuan’s management is confident to enhance the Company’s performance and generate satisfactory and sustainable returns to its shareholders.