Guanglian Technology Holdings (02531) announced the distribution results. The company sold 63.6 million shares globally, with 10% sold publicly in Hong Kong and 90% sold internationally. The final sale price was HKD 4.7 per share, and the net proceeds from global sales were approximately HKD 0.23 billion. Trading of the shares, with a minimum of 500 shares per hand, is expected to begin on July 15, 2024 (Monday) at 9:00 a.m. on the Hong Kong Stock Exchange.
Among them, the public offering in Hong Kong was oversubscribed by 2.49 times, while the international offering was oversubscribed by 1.06 times.
