Gelonghui, April 17, 丨 Huazhang Technology (01673.HK) issued an announcement. At 4:00 p.m. on April 15, 2024, it did not successfully place any unsubscribed shares. As a result, there is no net income to be realised or distributed to non-acting shareholders under the unsubscribed arrangement. As a result, a total of 399 million unsubscribed shares were purchased by underwriters in accordance with the terms of the underwriting agreement.
Since all the prerequisites for the public sale have been fulfilled, the public sale became unconditional on April 16, 2024 at 4 p.m.
The public sale of fully paid shares is expected to commence trading on the Stock Exchange at 9:00 a.m. on April 19, 2024.
