Data from the Hong Kong Stock Exchange reveals that on July 23, Ruifeng Renewable Energy (00527) experienced a notable shift in share custody. The total market value of shares placed into deposit reached HKD 75.25 million, representing 6.17% of the company's issued shares.

A company shareholder deposited 119 million shares into Interactive Brokers, resulting in a corresponding increase of 6.17% in their disclosed holding percentage.

Ruifeng Renewable Energy has announced that all conditions precedent for a share placement have been fulfilled, with the transaction completion finalized on July 10, 2026. A total of approximately 101 million placement shares were allotted and issued to no fewer than six placees at a subscription price of HKD 0.55 per share, in accordance with the terms of the placement agreement.