China Hanking Holdings completes HK$235m share placement

China Hanking Holdings Limited announced the completion of its share subscription under the general mandate on September 29, 2025, with all conditions of the subscription agreement met. A total of 75,000,000 new shares were allotted and issued to subscribers at a subscription price of HK$3.13 per share. This issuance comprises 25,000,000 shares to Zijin Global Fund (subscriber I) and 50,000,000 shares to Gold Mountains (subscriber II).

The completion of the subscription has altered the company’s shareholding structure. Immediately after the subscription, total issued shares increased from 1,960,000,000 to 2,035,000,000. While controlling shareholders' total stake decreased from 69.34% to 66.79%, other shareholders, including the new subscribers, now hold 33.21% of the company.

The subscription shares were issued under the General Mandate, which allows for the issuance of up to 392,000,000 new shares. This issuance falls within the approved limit and does not require further shareholder approval. The number of shares held in public hands increased to approximately 30.49% of the total issued shares, satisfying the minimum percentage requirement under Listing Rule 8.08(1).