China New Consumption Group Limited announced the completion of a placing of new shares under a general mandate. The company successfully placed 143,997,475 new shares at a price of HK$0.10 per share to not less than six placees through its placing agent, SBI China Capital Financial Services Limited. The placement represents approximately 15% of the company's enlarged issued share capital following the allotment. All conditions of the placing agreement have been fulfilled, with completion taking place on December 11, 2025.
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 New Consumption Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251211-11952683), on December 11, 2025, and is solely responsible for the information contained therein.