Chacha Food Co LtdChairman Chen Xianbao increased his stake by nearly 30 million yuan, signaling insider confidence.

Qiaqia Food announced that its actual controller, chairman, and general manager Chen Xianbao increased his holdings by a total of 1,594,600 shares through centralized bidding on the Shenzhen Stock Exchange between June 24 and July 23, 2026, representing 0.32% of the company's total share capital, with a total investment of 29,995,600 yuan. The share purchase plan, which runs for six months starting June 24, 2026, aims for a total investment of no less than 30 million yuan and no more than 60 million yuan, funded by self-owned and self-raised capital. As of now, the plan has not been fully executed, and Chen Xianbao will continue to purchase shares as planned. Prior to this, Chen Xianbao did not directly hold any company shares, only indirectly holding 3,180,600 shares through an employee stock ownership plan. This purchase does not set a price range and will be carried out opportunistically based on stock price fluctuations.
Chacha Food Co LtdChairman Chen Xianbao increased his stake by nearly 30 million yuan, signaling insider confidence.