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Morning Announcement ① Zhenan Technology: The application to issue shares to specific targets was reviewed and approved by the Shenzhen Stock Exchange Listing Review Center. ② Minde Electronics: The application to issue shares to specific targets was reviewed and approved by the Shenzhen Stock Exchange Listing Review Center. ③ Shandong Molong: It is intended to place new H shares on the main board of the Hong Kong Stock Exchange Limited in accordance with general authorization, and the corresponding authorization will be issued. The company and the placement agent agreed to induce no less than six undertakers to subscribe for 33.615,600 shares in accordance with the Placing Agreement at a placement price of HK$3.5 per share. The total net proceeds from the placement are estimated to be approximately HK$114.89 million. It is intended to repay loans and settle accounts payable from daily business operations, including payments for procurement of raw materials, working capital and general corporate purposes.
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Morning Announcement ① Zhenan Technology: The application to issue shares to specific targets was reviewed and approved by the Shenzhen Stock Exchange Listing Review Center. ② Minde Electronics: The application to issue shares to specific targets was reviewed and approved by the Shenzhen Stock Exchange Listing Review Center. ③ Shandong Molong: It is intended to place new H shares on the main board of the Hong Kong Stock Exchange Limited in accordance with general authorization, and the corresponding authorization will be issued. The company and the placement agent agreed to induce no less than six undertakers to subscribe for 33.615,600 shares in accordance with the Placing Agreement at a placement price of HK$3.5 per share. The total net proceeds from the placement are estimated to be approximately HK$114.89 million. It is intended to be used to repay loans and settle accounts payable from daily business operations, including payments for procurement of raw materials, working capital and general corporate purposes.
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