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Genscript Biotech (01952.HK) Major Shareholder Increases Holding by 860,000 Shares
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Genscript Biotech (01952.HK) announced that its Non-Executive Director, Honorary Chairman of the Board, and major shareholder, Fu Wei, purchased 860,000 ordinary shares of the company on March 27, 2026, through a company he controls. The total consideration was approximately HKD32.7 million, with an average price of about HKD38.12 per share.

Fu Wei stated that the shares were acquired through on-market purchases, reflecting his firm confidence in the company's future prospects and long-term development. Subject to applicable laws and regulations, Fu Wei does not rule out the possibility of further increasing his shareholding in the company at an appropriate time. (hc/a)

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