According to Zhitong Finance App, Jinshi Capital Group (01160.HK) issued an announcement. On August 18, 2026 (after the stock exchange trading period), the company entered into a placement agreement with the placement agent. According to this, the placement agent agreed to act as the Company's agent to induce no less than six undertakers (the undertakers and their ultimate beneficial owners shall be independent third parties) to subscribe for up to 474.54 million shares. The placement price is HK$0.48 per placed share. Assuming that there is no change in the issued share capital of the Company from the date of this announcement to the date of completion, the maximum of 474,454,300 shares placed is equivalent to (i) 20.00% of the Company's current issued share capital at the date of this announcement; and (ii) approximately 16.67% of the Company's issued share capital expanded through the allocation and issuance of all placed shares.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.