Central China Management Completes HK$69.57 Million Share Placement, Introduces Two New Strategic Investors

Bulletin Express
Aug 14

Central China Management Company Limited (abbreviated as Central China Management) announced that it has completed the issuance of 773.00 million new shares under its existing general mandate. The placement, finalised on 14 August 2026, was executed at HK$0.09 per share, raising gross proceeds of HK$69.57 million.

Subscriber A acquired 600.00 million shares, while Subscriber B took 173.00 million shares. Post-transaction, the company’s total issued share capital expanded from 3.87 billion shares to 4.64 billion shares.

The new share issuance has reshaped the shareholder landscape: • King Link International Investment Limited’s stake fell to 20.83% from 25.00%. • Wang Rui’s holding declined to 8.93% from 10.71%. • Public shareholders now own 53.58%, down from 64.29%. • Subscriber A and Subscriber B emerge with 12.93% and 3.73% stakes, respectively.

The board confirmed that all conditions precedent stipulated in the subscription agreements were satisfied, enabling the successful completion of the transaction on schedule.

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