Ge Long Hui·2025-11-17 11:20Core Viewpoint - China Resources Land Limited announced the completion of a share placement on November 17, 2025, raising approximately HKD 2.061 billion for land acquisition, development costs, and general working capital [1] Group 1: Share Placement Details - The company successfully placed a total of 49.5 million shares at a price of HKD 41.70 per share, representing about 2.17% of the total issued shares of China Resources Vientiane Life as of the placement agreement date [1] - The net proceeds from the placement are approximately HKD 2.061 billion [1] Group 2: Ownership Changes - Following the completion of the placement, the company's direct ownership in China Resources Vientiane Life will decrease from 1,650,000,000 shares (approximately 72.29% of total issued shares) to about 70.12% [1] - China Resources, as the ultimate controlling shareholder of China Resources Vientiane Life, will see its indirect ownership decrease to approximately 71.55% of the total issued shares [1] Group 3: Financial Reporting - China Resources Vientiane Life will continue to be a subsidiary of the company, and its financial performance will remain consolidated in the group's financial statements [1]