Yes. According to the Securities and Futures Ordinance of the Hong Kong Special Administrative Region, individuals and corporations that hold 5% or more of any type of voting shares of a listed corporation for the first time (a Hong Kong listed corporation may issue shares without voting rights) (This entity is defined as the major shareholder of the listed corporation) Relevant information must be disclosed:

1. Interests and short positions (i.e. short positions) in shares with voting rights held by the listed corporation

2. Equity derivatives held by listed corporations, including equity derivatives held, sold or issued by major shareholders, as well as equity derivatives exercised, transferred or not exercised by major shareholders. rights, which may result in the shares being delivered to the holder or by the holder to others

3. The following changes in the interests and short positions of major shareholders:

(1 ) The percentage figure of the shareholding increases or decreases, causing the major shareholder's interest to exceed an integer percentage above 5% (for example, the major shareholder's interest increases from 6.8% to 7.1%, that is, when it exceeds 7%, its interest needs to be disclosed Change)

(2) The major shareholder holds an interest that needs to be reported, and the nature of the interest in the shares changes (for example, the exercise of options)

(3) The major shareholder holds Interests that need to be reported, and short positions held or no longer held exceeding 1% during the disclosure period (for example, a major shareholder already holds 6.8% of the shares of a listed corporation and holds a short position of 1.9%)< /p>

(4) The major shareholder holds a reportable interest, and the percentage figure of the short position increases or decreases, causing the major shareholder's short position to cross a certain percentage integer above 1% (for example, the major shareholder Already holds 6.8% of the equity in a listed corporation, and the short position has increased from 1.9% to 2.1%)

The specific time for reporting is that the major shareholder shall within 3 business days from the day when it becomes aware of the above event. . When purchasing shares, the major shareholder should usually file a notice within 3 business days after entering into the contract to purchase the shares; after selling the shares, the major shareholder usually needs to file the notice within 3 business days after the settlement date (i.e. the day the relevant shares are delivered to the buyer). Submit notice for archiving within days. However, the Securities and Futures Ordinance does not prohibit the major shareholder from buying and selling the shares of the listed issuer within those three days.

The above can only briefly explain the relevant provisions of Hong Kong's Securities and Futures Ordinance, and cannot describe all situations in detail. Therefore, individual cases must be determined based on the circumstances.