The Zhitong Finance App learned that according to the latest data from the Hong Kong Stock Exchange, on August 5, Yihe Co., Ltd. (01703) experienced a position change. The total market value of transferred positions was HK$61.289 million, accounting for 21.09%. The company's shareholders transferred 7.7 million shares to Yuanta Securities Hong Kong and 13.185 million shares from Hongzhi Securities.

Earlier, Yihe Co., Ltd. issued an announcement. The board of directors recommended that shares be offered at a subscription price of HK$0.50 for every share held on the record date. Assuming that there is no change in the total number of shares issued from the date of this announcement to the date of record (including that date), the Company will issue up to 138 million shares and raise up to HK$69 million in proceeds before deducting expenses.

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