ZHONGSHENJIANYE (02503) Completes Issuance of 403 Million New Shares

Stock News

Jan 15

ZHONGSHENJIANYE (02503) announced that all conditions precedent under the agreement have been satisfied, with completion finalized on January 15, 2026, in accordance with the terms stipulated therein. Consequently, the company now holds the entire equity interest of the target company, which has become its direct wholly-owned subsidiary. Pursuant to the agreement, the company has allotted and issued 270.5 million new shares to Seller A for the settlement of Consideration A, 116 million new shares to Seller B for the settlement of Consideration B, and 16.5393 million new shares to Seller C for the settlement of Consideration C, all at an issue price of HK$0.53 per share.

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