A recent disclosure from the Hong Kong Stock Exchange shows that on April 23, a shareholder of XXF Group deposited shares with Huafu Jianye Securities, with a deposit value of HK$155 million, accounting for 9.09% of the holdings. XXF Group announced that the placement was completed on April 14, 2026, in accordance with the terms and conditions of the placement and subscription agreement. The placement agent successfully placed a total of 155 million shares at HK$0.98 per share to no fewer than six placees on a best-efforts basis. As all conditions for the completion of the top-up subscription were met, the company allotted and issued 155 million new shares to the seller at HK$0.98 per share on April 21, 2026, under the terms of the placement and subscription agreement.