According to the latest information from the Hong Kong Stock Exchange, on June 15, HUASHENG INTL (01323) experienced a position change, with a total transfer market value of HKD 7.1573 million, accounting for 6.31%. The company's shareholders transferred 45 million shares to Changli Securities and withdrew 39.52 million shares from KGI Securities Asia.

HUASHENG INTL announced that on June 11, 2026, the company plans to place a maximum of 151 million placement shares, equivalent to approximately 20% of the total existing issued shares as of the announcement date; and the total number of issued shares after the placement and issuance of placement shares is expected to increase by approximately 16.67%. The placement price per share is HKD 0.127, which represents a discount of approximately 5.93% compared to the closing price of HKD 0.135 on June 11. Assuming all placement shares are fully placed, the maximum total proceeds from the placement are expected to be approximately HKD 19.19 million, with net proceeds expected to be approximately HKD 18.49 million.

The company's indirectly wholly-owned subsidiary, Hainan Huasheng, has been selected by the developer Sanya Yucai to be the strategic partner for the ready-mixed concrete mixing station project in the Yucai Ecological Zone (Yucai Ecological Zone) in Sanya, Hainan Province, China. Hainan Huasheng plans to establish a joint venture company (project company) with Sanya Yucai to develop the project and will contribute no less than RMB 20 million to the project company's equity. The project will involve the construction and development of a concrete mixing station, storage system, conveying system, and laboratory. Construction is expected to commence by the end of 2026, with an anticipated annual production capacity of approximately 2 million cubic meters. Hainan Huasheng is currently working with Sanya Yucai to finalize the cooperation agreement for the project. Sanya Yucai is a state-owned enterprise owned by the Management Committee of the Yucai Ecological Zone in Sanya City. The company intends to use the net proceeds from the placement for capital injection into the project company after the cooperation agreement is signed