Tanwan Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

SEHK:9890 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
07 Nov 25	BuyHK$330,970	Xubo Wu	Individual	23,000	HK$14.39
05 Nov 25	BuyHK$1,215,810	Xubo Wu	Individual	81,000	HK$15.01
04 Nov 25	BuyHK$3,095,999	Xubo Wu	Individual	200,000	HK$15.48
31 Oct 25	BuyHK$1,477,000	Xubo Wu	Individual	100,000	HK$14.77
30 Oct 25	BuyHK$2,928,000	Xubo Wu	Individual	200,000	HK$14.64
28 Oct 25	BuyHK$4,412,495	Xubo Wu	Individual	301,400	HK$14.64
27 Oct 25	BuyHK$5,067,535	Xubo Wu	Individual	345,200	HK$14.68
24 Oct 25	BuyHK$1,480,000	Xubo Wu	Individual	100,000	HK$14.80
20 Oct 25	BuyHK$3,128,622	Xubo Wu	Individual	228,200	HK$13.71
17 Oct 25	BuyHK$4,686,465	Xubo Wu	Individual	357,200	HK$13.12
16 Oct 25	BuyHK$1,939,491	Xubo Wu	Individual	144,200	HK$13.45
15 Oct 25	BuyHK$1,333,000	Xubo Wu	Individual	100,000	HK$13.33
14 Oct 25	BuyHK$3,265,846	Xubo Wu	Individual	251,800	HK$12.97
10 Sep 25	BuyHK$5,777,043	Xubo Wu	Individual	376,600	HK$15.34
09 Sep 25	BuyHK$3,613,787	Xubo Wu	Individual	239,800	HK$15.07
08 Sep 25	BuyHK$7,661,589	Xubo Wu	Individual	508,400	HK$15.07
05 Sep 25	BuyHK$3,556,454	Xubo Wu	Individual	232,600	HK$15.29
04 Sep 25	BuyHK$3,010,000	Xubo Wu	Individual	200,000	HK$15.05
03 Sep 25	BuyHK$6,020,001	Xubo Wu	Individual	400,000	HK$15.05
02 Sep 25	BuyHK$13,716,864	Xubo Wu	Individual	907,200	HK$15.12
01 Sep 25	BuyHK$8,644,592	Xubo Wu	Individual	570,600	HK$15.15
29 Aug 25	BuyHK$10,002,853	Xubo Wu	Individual	664,200	HK$15.06
03 Dec 24	SellHK$812,000	Yang Chen	Individual	100,000	HK$8.12

Insider Trading Volume

Insider Buying: 9890 insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 9890?
Owner Type	Number of Shares	Ownership Percentage
Institutions	12,322,047	2.34%
Private Companies	76,487,000	14.6%
General Public	127,946,271	24.3%
Individual Insiders	308,723,800	58.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 23 shareholders own 75.65% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
52%	Xubo Wu	273,223,800	HK$3.6b	0.99%	no data
14.6%	Trident Trust Group	76,487,000	HK$1.0b	0%	19.99%
5.33%	Yang Chen	28,000,000	HK$369.3m	0%	no data
1.43%	Wenhong Liang	7,500,000	HK$98.9m	0%	no data
1.09%	China Asset Management Co. Ltd.	5,739,200	HK$75.7m	0%	0.01%
0.91%	Fullgoal Fund Management Co. Ltd.	4,782,000	HK$63.1m	0%	0.02%
0.12%	Hwabao WP Fund Management Co., Ltd	612,200	HK$8.1m	0%	0.01%
0.077%	Dimensional Fund Advisors LP	404,400	HK$5.3m	100%	no data
0.062%	Mirae Asset Global Investments Co., Ltd.	326,792	HK$4.3m	-6.77%	no data
0.023%	State Street Global Advisors, Inc.	120,400	HK$1.6m	0%	no data
0.018%	Exchange Traded Concepts, LLC	94,400	HK$1.2m	0%	no data
0.017%	HuaAn Fund Management Company Ltd.	88,400	HK$1.2m	0%	no data
0.013%	E Fund Management Co., Ltd.	66,400	HK$876.1k	0%	no data
0.005%	Bosera Asset Management Co., Ltd.	26,000	HK$343.1k	0%	no data
0.0039%	Yinhua Fund Management Co., Ltd.	20,600	HK$271.7k	0%	no data
0.0026%	Wanjia Asset Management Co., Ltd.	13,600	HK$179.5k	0%	no data
0.0014%	Ping An UOB Fund Management Co., Ltd.	7,200	HK$95.0k	0%	no data
0.0012%	AXA SPDB Investment Managers Co., Ltd.	6,400	HK$84.6k	0%	no data
0.0011%	Aberdeen Group Plc	6,000	HK$79.0k	0%	no data
0.0008%	Huatai Securities (Shanghai) Asset Management Co., Ltd.	4,200	HK$55.4k	0%	no data
0.00065%	Tianhong Asset Management Co., Ltd.	3,400	HK$45.1k	0%	no data
0.00005%	Hang Seng Investment Management Limited	255	HK$3.5k	0%	no data
0.00004%	Founder Fubon Fund Management Co., Ltd.	200	HK$2.8k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/19 22:39
End of Day Share Price	2025/11/19 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tanwan Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.