Shandong Molong Petroleum Machinery Company Limited completed a placing of 25.68 million new H-shares on 29 July 2026, issuing the shares at HK$4.58 each under the placing agreement dated 22 July 2026. The transaction raised approximately HK$117.61 million in gross proceeds.

The new shares represent 10.03% of the company’s pre-placement H-share base of 256.13 million and 3.22% of the total issued shares (A + H) before the transaction.

After the placement, Shandong Molong’s H-share count increased to 281.80 million, while the A-share count remained unchanged at 541.72 million. Consequently, total issued shares rose from 797.85 million to 823.53 million.

The company confirmed that the placement was duly authorised by the board, complied with all applicable listing rules and regulatory requirements, and that all proceeds have been received. No share repurchases, redemptions or treasury-share sales were reported for the period.