---
title: "CHINA BAOLI TEC: There are still 422 million shares of the rights issue that have not been subscribed"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/241266573.md"
description: "CHINA BAOLI TEC announced that as of May 19, 2025, it has received valid acceptances for 6.737 million rights shares, accounting for approximately 1.571% of the total available for subscription of 429 million shares. Currently, there are still 422 million rights shares that have not been subscribed, accounting for approximately 98.429% of the total"
datetime: "2025-05-21T14:18:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/241266573.md)
  - [en](https://longbridge.com/en/news/241266573.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/241266573.md)
---

# CHINA BAOLI TEC: There are still 422 million shares of the rights issue that have not been subscribed

According to the announcement from CHINA BAOLI TEC (00164), as of 4:00 PM on May 19, 2025 (the final acceptance time), a total of 14 valid acceptances of provisional allotment notices have been received, involving a total of 6.6687 million shares for the rights issue, which is approximately 1.555% of the total shares available for subscription under the rights issue; and a total of 2 valid applications for additional shares under the additional application forms have been received, involving a total of 68,300 shares for the rights issue, which is approximately 0.016% of the total shares available for subscription under the rights issue.

In total, 16 valid acceptances and applications have been received, involving a total of 6.737 million shares for the rights issue, which is approximately 1.571% of the total 429 million shares available for subscription under the rights issue.

Since the total number of shares not subscribed by eligible shareholders and/or transferees of the rights under the provisional allotment notices is higher than the total number of additional shares applied for through the additional application forms, if the rights issue becomes unconditional, the company will allocate all relevant shares to each eligible shareholder who applied for additional shares.

According to the above results, there are still 422 million shares for the rights issue that have not been subscribed, which is approximately 98.429% of the total 429 million shares available for subscription under the rights issue

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