XINMING CHINA: The shortfall in the subscription for the rights issue is 62.26 million shares
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XINMING CHINA announced that the rights issue subscription was insufficient, having offered 75,144,900 rights shares, but as of the final acceptance deadline, only 8 valid acceptances were received, involving 12,884,900 shares, accounting for approximately 17.15% of the total shares offered. Therefore, the shortfall in the rights issue subscription amounts to 62,260,000 shares, equivalent to 82.85% of the total shares offered
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