Litian Pictures Holdings Limited (Stock Code: 9958) completed the placement of 72 million new shares under a General Mandate on February 4, 2026. The newly issued shares represent approximately 16.67% of the company’s enlarged share capital, which increased from 360 million to 432 million shares upon completion. According to the announcement, the placing price is HK$0.20 per share, and the gross proceeds amount to around HK$14.4 million.

After deducting related expenses, net proceeds from the placement stand at approximately HK$14.0 million. These funds are intended to cover production costs of drama series and are anticipated to be fully utilized by the end of December 2026. KGI Asia Limited acted as the placing agent. The announcement states that none of the placees became a substantial shareholder following the placement. The updated shareholding structure shows Marshal Investment Co. Ltd. holding around 14.90%, while other public shareholders account for roughly 52.62% of the enlarged share capital.