China Huajun Group Limited Announces New Share Subscription Agreement Under General Mandate

Reuters
Jun 23
China Huajun Group Limited Announces New Share Subscription Agreement Under General Mandate

China Huajun Group Limited, a Bermuda-incorporated company listed on the Hong Kong Stock Exchange under Stock Code 377, announced on June 23, 2025, the filing of a prospectus regarding its agreement for the subscription of new shares. Under a Subscription Agreement with Yi He Xin Investment Limited, an independent third-party company based in the British Virgin Islands, China Huajun will issue 12 million new shares at a price of HK$1 per share. The agreement, finalized after trading hours, marks a strategic move by China Huajun to raise capital under its general mandate. The transaction is subject to completion under the terms specified in the agreement. Investors are advised to exercise caution in dealing with the company's shares.

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