Zhitong Finance App News, Xunzhong Communications (02597.HK) issued an announcement. All conditions under the placement agreement have been met, and delivery has been carried out on October 30, 2026. A total of 3.55 million placed shares (accounting for approximately 2.60% of the total number of issued shares (excluding treasury shares) after being allocated and expanded after delivery) have been successfully placed to no less than six undertakers at the placement price of HK$29.00 per share in accordance with the terms and conditions set out in the placement agreement.

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