China Ruyi completes second share issuance, raises HK$2.21bn

China Ruyi Holdings Limited announced the completion of its 2nd Tranche Subscription on December 18, 2025, in line with its Subscription and Placing Agreements. This follows previous announcements made throughout 2025 regarding the issuance of new shares under a general mandate.

A total of 400,000,000 subscription shares were allotted and issued at HK$2.60 per share on December 18, 2025. Cumulatively, including the 1st Tranche Subscription, 790,000,000 subscription shares have been allotted and issued at an average subscription price of approximately HK$2.80 per share.

The gross proceeds from both the 1st and 2nd Tranche Subscriptions amount to approximately HK$2,210 million, enhancing the company's financial position. The board of directors includes Mr. Ke Liming and Mr. Zhang Qiang as executive directors, Mr. Yang Ming as non-executive director, and Mr. Chau Shing Yim, David, Mr. Nie Zhixin, Mr. Chen Haiquan, and Professor Shi Zhuomin as independent non-executive directors.