Coolpad Group Raises HKD34.98 Million via 66 Million-Share Placement, Enlarges Share Base by 19.9%

Bulletin Express
Aug 10

Coolpad Group Limited announced a 66.00 million-share placement on 10 August 2026, executed under its existing general mandate. The new ordinary shares were issued at HKD0.53 each, implying gross proceeds of approximately HKD34.98 million.

Prior to the transaction, Coolpad had 331.93 million issued shares (excluding treasury shares). The freshly issued shares expanded the company’s outstanding share count to 397.93 million, representing a 19.88% increase in share capital.

The board confirmed that the placement complied with all requirements of the Hong Kong Stock Exchange Main Board Rules, and that full consideration for the new shares has been received. No treasury share movements, repurchases, or redemptions were reported in the filing submitted by Executive Director and Company Secretary Ma Fei.

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