Hydsoft Technology (SHE:301316) actual controller and chair, Yu Hao, raised his combined holdings with concert parties to 157.5 million shares, or 39.01% of total share capital.
Yu purchased 272,100 shares, or a 0.07% stake, between Sept. 4 and Sept. 8, according to a Wednesday filing with the Shenzhen bourse.
Shares of the provider of information technology outsourcing services closed 2% higher Wednesday.