Ruifeng Renewable Energy expands share base by 6.96% via HKD0.196 placement

Bulletin Express
Jun 30

China Ruifeng Renewable Energy Holdings Limited disclosed a Next Day Disclosure Return on 30 June 2026 detailing the completion of a new-share subscription under Specific Mandate B.

The company allotted 119.44 million ordinary shares at HKD0.196 per share on 30 June 2026, equivalent to 6.96% of its pre-placement issued share capital. Following the transaction, the total number of issued shares increased from 1.71 billion to 1.83 billion.

Based on the issue price, the placement raised approximately HKD23.41 million. No treasury shares were created, redeemed or resold in connection with the event.

The board confirmed that the share issue complied with all applicable listing rules and regulatory requirements, and that all proceeds have been duly received.

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