Recent data from the Hong Kong Stock Exchange indicates a notable change in holdings for RUIFENG RENEW (00527) on July 10th.
The total custodial market value reached HK$63.48 million, representing 5.49% of the company's shares.
A major shareholder deposited 80 million shares with EGO Securities, leading to an increase in their holding proportion by 4.36%.
The company has announced that all prerequisites for its share placement have been satisfied, with completion finalized on July 10, 2026.
Approximately 101 million placement shares were allotted and issued to no fewer than six placees at the placement price of HK$0.55 per share, in accordance with the placement agreement's terms.