China New Consumption Group Ltd. Completes Private Placement of 96 Million New Shares Under General Mandate

Reuters

Jul 28

<a href="https://laohu8.com/S/CNER">China New</a> Consumption Group Ltd. Completes Private Placement of 96 Million New Shares Under General Mandate

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Completes Private Placement of 96 Million New Shares Under General Mandate","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/CNER\">China New</a> Consumption Group Ltd. Completes Private Placement of 96 Million New Shares Under General Mandate\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        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. 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Completes Private Placement of 96 Million New Shares Under General Mandate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-28 18:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/CNER\">China New</a> Consumption Group Ltd. Completes Private Placement of 96 Million New Shares Under General Mandate\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        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.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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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.\n      \n\nDisclaimer: 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. 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