According to the Zhitong Finance App, Xinhua News Media (00309.HK) issued an announcement that all prerequisites for the placement under the general authorization were reached on October 26, 2026, and the placement was completed on November 2, 2026. Since then, 5.83 million new shares (i.e. all placed shares) have been distributed and issued to no less than six undertakers at the placement price of HK$0.8 per share. Since the final deadline for placement matters has been extended from the original date of September 23, 2026 to October 27, 2026, the placement shares are issued in accordance with the general authorization granted to the directors of the Company by the Annual General Meeting of Shareholders held on September 28, 2026.

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