On June 19th, Gelunhui reported that all subscription conditions have been met and the subscription matters have been completed on June 19, 2024 according to the terms and conditions of the subscription agreement. According to the subscription agreement, the company has issued and issued 42 million subscription shares to subscribers at a subscription price of HK $0.50 per share in accordance with the general authorization as of the announcement date, accounting for approximately 1.51% of the company's enlarged issued share capital from the issuance and issuance of subscription shares.
The total amount of funds raised from the subscription matter is HKD 21 million, and the net amount of funds raised from the subscription matter (after deducting other subscription expenses) is about HKD 20.9 million.
