Xinhua Lande Scitech Raises HK$17.1 Million Through Subscription of 55.17 Million H Shares

Reuters
02/11
Xinhua Lande Scitech Raises HK$17.1 Million Through Subscription of 55.17 Million H Shares

Xinhua Lande Scitech Co. Ltd. has announced that it has entered into six separate subscription agreements with six subscribers for the issuance of an aggregate of 55,170,000 new H shares. The shares will be issued at a subscription price of HK$0.31 per H share under the company’s general mandate, as approved at the annual general meeting held on 27 June 2025. Completion of the subscriptions is subject to the satisfaction of conditions precedent as set out in the agreements, and may or may not proceed. Shareholders and prospective investors are advised to exercise caution when dealing in the shares.

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. Xinhua Lande Scitech Co. 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-20260211-12022487), on February 11, 2026, and is solely responsible for the information contained therein.

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