Core Viewpoint - China Hongqiao (01378) has successfully completed a placement and subscription agreement, with all conditions met, on November 20 and November 25, 2025 respectively [1] Group 1: Placement Details - The company has successfully placed a total of 400 million shares at a placement price of HKD 29.20 per share to six or more independent subscribers [1] - The subscribers and their beneficial owners are independent of Hongqiao Holdings and any parties acting in concert with it, as well as independent of the company and its related parties [1] - No subscriber has become a major shareholder following the completion of the placement and subscription [1] Group 2: Subscription Details - A total of 400 million subscription shares have been issued at a subscription price of HKD 29.20 per share to Hongqiao Holdings [1] - The subscription shares represent approximately 4.20% of the company's issued share capital of 9.524 billion shares as of the announcement date [1] - Following the issuance of the subscription shares, they represent approximately 4.03% of the enlarged issued share capital of 9.924 billion shares [1]
中国宏桥(01378)：完成配售现有股份及根据一般授权先旧后新认购新股份