Recent data from the Stock Exchange of Hong Kong reveals a significant position change for GOLDENPOWER on August 18, with a total stock deposit value of HKD 4.4795 million, representing 14.31% of the company's issued shares.

According to the latest disclosure, a shareholder of the company deposited 6.492 million shares into Jun Da Securities, resulting in a 14.31% increase in the shareholder's stake. This move comes alongside an official announcement from GOLDENPOWER confirming the completion of a subscription agreement on August 17, 2026.

Under the terms and conditions of the subscription agreement, the subscriber has subscribed for and the company has allotted and issued 6.492 million subscription shares at a price of HKD 0.65 per share. This issuance is equivalent to approximately 16.7% of the company's existing issued share capital prior to completion, and approximately 14.3% of the company's issued share capital as enlarged by the allotment and issuance of the subscription shares.

Following the completion of this transaction, the subscriber will become a substantial shareholder and a connected person of the company.