China New Consumption Group Ltd. has successfully completed the placement of new shares under a general mandate. The company announced that all conditions outlined in the Placing Agreement were fulfilled, leading to the completion of the placement on July 28, 2025. A total of 96,000,689 placing shares were issued at a price of HK$0.11 per share, facilitated by the Placing Agent to at least six placees. The company confirms that the information provided is accurate and complete in all material respects.
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. China New Consumption Group Ltd. published the original content used to generate this news brief on July 28, 2025, and is solely responsible for the information contained therein.