Litian Pictures Holdings Limited (Litian Pictures) has completed its previously announced share placement, issuing 68.00 million new shares at HK$0.156 each under its existing general mandate. The transaction, finalised on 22 April 2026, generated gross proceeds of HK$10.61 million and net proceeds of approximately HK$10.33 million after fees and expenses.

The new shares account for 13.60% of the company’s enlarged share capital, which increased from 432.00 million to 500.00 million shares—an expansion of 15.74%. All shares were placed with not fewer than six independent third-party investors; no placee has become a substantial shareholder as defined by Hong Kong listing rules. KGI Asia Limited acted as placing agent.

Post-placement, controlling shareholder Marshal Investment Co. Ltd. remains the largest investor with 64.38 million shares, though its stake was diluted from 14.90% to 12.87%. The newly introduced placees collectively hold 13.60%, while other public shareholders own 73.53%.

Litian Pictures intends to deploy the HK$10.33 million in net proceeds as general working capital for its existing operations, with full utilisation targeted by the end of December 2026.