Summary by Moomoo AI
LONGHUI INTL completed the placement of 21 million new shares on December 30, 2024, accounting for 12.46% of the total shares issued prior to the placement, with a placement price of HKD 0.12 per share, raising a total of HKD 2.52 million. This placement was conducted according to the subscription agreement signed on December 19, 2024.After the placement, the total number of issued shares of LONGHUI INTL increased from 168,592,867 shares to 189,592,867 shares. The company confirms that this share issuance has been formally authorized and approved by the Board of Directors and complies with all applicable listing rules, laws, and other regulatory requirements.