According to Zhitong Finance App, Baiwang Co., Ltd. (06657.HK) announced that on October 26, 2026 (after the trading period), the Company entered into a subscription agreement with the subscriber. According to this, the Company has agreed to allocate and issue a total of 2,581,300 new H shares at a subscription price of HK$11.622 per subscribed share, with a total subscription cost of HK$30 million.

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