The major shareholder of CHINA NEW HLDGS transferred stocks from ZunJia Securities International to HongZhi Securities, with a transfer market value of HKD 25.952 million

According to the latest information from the Hong Kong Stock Exchange, on April 17, the major shareholder of CHINA NEW HLDGS transferred shares from ZunJia Securities International to Hongzhi Securities, with a transfer market value of HKD 25.952 million, accounting for 47.11%. Previously, CHINA NEW HLDGS announced a rights issue, and on March 31, 2025, all 46,384,918 unsubscribed rights issue shares were allocated by the placing agent to no less than 8 independent subscribers at a price of HKD 0.289 per share. All conditions related to the rights issue have been met, and the rights issue has become unconditional, with 135,457,920 rights issue shares (accounting for 100% of the total rights issue shares) to be allocated and issued. The company issued and allocated 135 million rights issue shares on April 10, 2025. The total gross and net proceeds raised from the rights issue (including the placing) were approximately HKD 39.2 million and HKD 36.7 million, respectively