Edgbaston Investment Partners (Edgbaston) recently added to their stake in HK-listed Wasion Group Holdings (Wasion). According to a filing made to the Hong Kong Stock Exchange on April 24th, 2017, the firm bought 4,124,000 shares on the exchange at an average price of HKD 3.749 per share on April 21st (total consideration was ~US$1.99m). Following the purchase, their stake in Wasion increased from 5.88% to 6.29% of the company’s shares outstanding.

Wasion is a leading provider of advanced metering, distribution and energy efficiency management solutions in China. The company was listed on the Hong Kong Stock Exchange in 2005. You can find the link to their 2016 annual results presentation here.

Edgbaston is an employee-owned, long-only investment firm established in 2008 by Charu Fernando and partners to specialise in Asia Pacific ex-Japan equity investments. It was formed with the support and backing of Silchester International Investors.