On February 11, 2026, Newlink Technology Inc. (Stock Code: 9600) concluded a placing of 60,000,000 new shares under a general mandate at HK$0.300 per share. According to the announcement, this issuance represents approximately 5.98% of the company’s enlarged share capital upon completion. The net proceeds total HK$17,909,270 after relevant fees, intended primarily for general working capital, with designated allocations of 20% for professional services, 60% for employee salaries, and 20% for utility and other costs.
Following the transaction, Newlink Technology Inc. increased its total issued shares from 943,817,280 to 1,003,817,280. The largest shareholder remains Chairman and Chief Executive Officer Mr. Zhai Shuchun, indirectly holding 304,500,800 shares. The company confirms that its public float stays above 25% after deducting treasury shares, satisfying relevant listing requirements.