Xinming China Announces Six-for-One Rights Issue

Reuters

Feb 16

<a href="https://laohu8.com/S/02699">Xinming China</a> Announces Six-for-One Rights Issue

Xinming China Holdings Ltd. has announced a proposed rights issue, offering six rights shares for every one share held by shareholders at the close of business on the record date. The rights issue, which will increase the total number of issued shares by more than 50% within a 12-month period, is subject to approval by independent shareholders at an extraordinary general meeting. The company does not have any controlling shareholders, and certain directors, including executive Director and CEO Mr. Chen, will abstain from voting on the proposal.

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. Xinming China 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-20260216-12026315), on February 16, 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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The rights issue, which will increase the total number of issued shares by more than 50% within a 12-month period, is subject to approval by independent shareholders at an extraordinary general meeting. The company does not have any controlling shareholders, and certain directors, including executive Director and CEO Mr. Chen, will abstain from voting on the proposal.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>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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