Zhitong Finance App News, Shandong Molong (00568.HK) announced that the Company and the placement agent entered into a placement agreement on July 21, 2026 (after the trading period). According to this, in accordance with the terms set out in the placement agreement and subject to the conditions set out in the placement agreement, the Company will issue 25.6784 million new H shares with a face value of RMB 1.00 per share in the Company's registered capital. The Company agreed to issue the placed shares at the placement price, and the placement agent agreed to act as the Company's agent to induce the undertaker to purchase the placed shares at the allotted price in accordance with the best endeavour basis. Placed shares will be distributed and issued in accordance with a general mandate.

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