VESON HLDG (01399) announced that the company has been informed by its ultimate controlling shareholder, Mr. Fang Jin, that due to his continued confidence in the company, Mr. Fang, through his directly and wholly-owned private company, Zhenghong Holdings Limited, acquired a total of 34.686 million ordinary shares in the company on April 24, 2026, through market transactions and over-the-counter trades. Prior to this acquisition, Mr. Fang indirectly held a total of 552 million shares in the company, representing approximately 50.67% of the issued share capital. This share purchase is equivalent to approximately 3.18% of the issued share capital as of the date of this announcement. Following the completion of this transaction, Mr. Fang indirectly holds a total of 587 million shares in the company, equivalent to approximately 53.85% of the issued share capital as of the date of this announcement.