Rongzun International Holdings Group Limited (1780) reported the completion of a private placing of 372,000,000 existing shares at HK$0.446 per share on 28 October 2025. According to the announcement, the shares were placed to 12 independent placees, collectively representing 60% of the Company’s existing issued share capital prior to completion. Each placee confirmed independence from the Company, and no individual stake triggered a mandatory general offer under the Takeovers Code.

Following completion, the Company’s controlling shareholder now holds 93,000,000 shares, or 15% of the total issued share capital, and is therefore no longer a controlling shareholder as defined by the Listing Rules. The Company has indicated it does not expect any adverse impact on its operations following the private placing. Shareholders and potential investors are advised to exercise caution when dealing in the Company’s shares.