Zhida Tech issues 19.13 million new H shares, expanding share capital by 6.4% and raising HK$210.00 million

Bulletin Express
06/30

Shanghai Zhida Technology Development Co., Ltd. (“Zhida Tech”) disclosed that it completed a placing of 19.13 million new H shares on 30 June 2026 under a placing agreement dated 23 June 2026. The shares were priced at HK$10.98 each, implying gross proceeds of approximately HK$210.00 million.

Following the transaction, Zhida Tech’s issued H-share capital rose from 298.94 million to 318.07 million shares, representing a 6.4% enlargement of the issued share base. The company reported zero treasury shares both before and after the placement, and no share repurchases or redemptions were outstanding as of the reporting date.

The board confirmed that the placement was duly authorised and executed in full compliance with Hong Kong Stock Exchange listing rules and relevant regulations, with all funds received and listing conditions satisfied.

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