Shanghai XNG Holdings Announces Placing of New Shares Under General Mandate

Reuters

Feb 16

Shanghai XNG Holdings Announces Placing of New Shares Under General Mandate

Shanghai XNG Holdings Ltd. has announced a placing of up to 442,606,200 new shares under a general mandate, according to a company statement. The shares will be offered at a placing price of HK$0.028 per share, pursuant to a conditional placing agreement signed on 16 February 2026 between the company and a placing agent. The placement is intended for independent third parties and is conducted under the authority granted to the directors at the company’s annual general meeting on 27 June 2025. The new shares represent an unregistered sale, with the proceeds expected to support the company’s business operations and financial position.

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. Shanghai XNG 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-20260216-12026066), 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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Shanghai XNG Holdings Ltd. published the original content","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1233":"餐馆","03666":"上海小南国"},"translate_title":"上海小NG控股宣布根据一般授权配售新股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03666":0.9},"content_text":"Shanghai XNG Holdings Announces Placing of New Shares Under General Mandate\n    \n\n        Shanghai XNG Holdings Ltd. has announced a placing of up to 442,606,200 new shares under a general mandate, according to a company statement. The shares will be offered at a placing price of HK$0.028 per share, pursuant to a conditional placing agreement signed on 16 February 2026 between the company and a placing agent. The placement is intended for independent third parties and is conducted under the authority granted to the directors at the company’s annual general meeting on 27 June 2025. 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