HONG KONG--(BUSINESS WIRE)--Huan Yue Interactive Holdings Limited (“Huan Yue Interactive” or the “Company” and its subsidiaries, collectively the “Group”, HKEx: 505), is pleased to announce that, Mr. Hu Minglie, the Chief Executive Officer and an executive director of the Company, intends to purchase up to 2 million shares of the Company at a price of not more than HK$1.2 per Share within the period of 6 months starting from today. Following the Possible Share Purchase, Mr. Hu will be interested in an aggregate up to 2.4 million shares of the Company, representing approximately 0.3% of the issued share capital of the Company. Mr. Hu also expressed his intention to continue to increase his shareholding in the Company after the Possible Share Purchase.
Mr. Hu Minglie, Chief Executive Officer and executive director of the Group believes that, “With the outstanding operation of the Company and our recent venture into the internet and online gaming industry, I am confident in the Company’s future prospect.”
About Huan Yue Interactive Holdings Limited
Huan Yue Interactive Holdings Limited (HKEx: 505) is proactively looking for potential opportunities in the internet and online gaming industry. It is one of the leading high precision producers of copper plates and strips in the PRC as well, which is engaged in manufacturing and sales of high precision copper plates and strips, trading of raw materials, provision of processing services.
Contacts
Stimulus Investor Relations Ltd.
Ms. Hill Ho, +852 3159 2944
hill.ho@stimulus-ir.com
Ms. Jessica Choi, +852 3159 2916
jessica.choi@stimulus-ir.com
