China Hongguang Holdings Announces Private Share Placement to Raise Capital

Reuters

Jan 21

<a href="https://laohu8.com/S/08646">China Hongguang</a> Holdings Announces Private Share Placement to Raise Capital

China Hongguang Holdings Ltd. has announced the issuance of new shares under a general mandate through a private placement. The company has entered into a Share Subscription Agreement with eight independent subscribers for the subscription of 74,000,000 new shares. The proceeds will be used to improve the company’s capital structure and strengthen its financial position. Additionally, a separate subscription of 150,000,000 new shares by Ming Liang Global Limited was completed, with funds allocated for the repayment of bank borrowings, general working capital, and the development of potential business projects. The subscribers involved are independent third parties and not connected with the company or its directors.

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 Hongguang Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260121-11997577), on January 21, 2026, 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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