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According to Hongte Technology's announcement, the current allotment is based on a total share capital of 387 million shares after the closing of the market on August 12, 2026. At a ratio of 4 shares for every 10 shares, 155 million shares can be placed at an allotment price of 336 yuan/share. The capital raised will not exceed 650 million yuan, which will be used for projects such as an auto parts production base in Thailand. The controlling shareholder Guangdong Baibanghe Industrial Investment Co., Ltd. promised to fully subscribe for 388.792 million shares that can be placed. The allotment payment period is from August 13 to 19. Stock trading was suspended during this period, and the results were announced and trading resumed on August 21.
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According to Hongte Technology's announcement, the current allotment is based on a total share capital of 387 million shares after closing on August 12, 2026. At a ratio of 4 shares for every 10 shares, 155 million shares can be placed at an allotment price of 336 yuan/share. The capital raised will not exceed 650 million yuan, which will be used for projects such as an auto parts production base in Thailand. The controlling shareholder Guangdong Baibanghe Industrial Investment Co., Ltd. promised to fully subscribe for 388.792 million shares that can be placed. The allotment payment period is from August 13 to 19. Stock trading was suspended during this period, and the results were announced and trading resumed on August 21.
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