China Hongguang lifts outstanding shares by 10.43% after issuing 74.00 million new shares at HK $0.15 each

Bulletin Express
昨天

China Hongguang Holdings Limited disclosed a material change in its capital structure after completing a private share subscription on 23 April 2026. The company issued 74.00 million new ordinary shares at HK $0.15 per share under the subscription agreement dated 21 January 2026 and its subsequent supplemental announcement of 27 January 2026.

The new shares represent 10.43 % of China Hongguang’s 708.99 million issued shares outstanding prior to the transaction. Post-issuance, the company’s total issued share capital increased to 782.99 million shares.

Based on the stated issue price, the placement implies gross proceeds of approximately HK $11.10 million. No treasury shares were involved, and the company reported no share repurchases or redemptions during the period.

Management confirmed that the issuance was duly authorised by the board, all funds have been received, and all regulatory and listing rule requirements have been met. The disclosure was filed with the Hong Kong Stock Exchange on 28 April 2026.

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