China Huajun Group Limited has entered into a subscription agreement to allot and issue 12,000,000 new shares at a subscription price of HK$1 per share. The net proceeds of approximately HK$11,900,000 are intended for general working capital and debt repayment purposes. The long stop date for the subscription agreement has been extended to 31 December 2025. The company has stated it will continue to update shareholders and potential investors on the implementation of its action plan to resolve the auditor's disclaimer of opinion.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Huajun Group Limited published the original content used to generate this news brief on October 31, 2025, and is solely responsible for the information contained therein.