Summary by Moomoo AI
YAO XING TECHNOLOGY GROUP CO., LTD. COMPLETED A SHARE ISSUE ON APRIL 30, 2024 AND ISSUED 101,488,000 SHARES OF ORDINARY SHARES UNDER GENERAL MANDATES, REPRESENTING 12.48% OF THE SHARES ISSUED PRIOR TO ITS ISSUANCE. The price per share of the issue was HK$0.165, representing a discount of approximately 2.94% from the closing price of HK$0.17 on the previous business day. Following the issuance, the issued share capital of the company increased to 914,719,894 shares. Yao Xing Technologies confirms that the share issue has been formally authorized and approved by the Board of Directors and complies with the relevant requirements of the Securities Listing Rules of the Hong Kong Stock Exchange Limited.
