China Art Finance (01572.HK): Yan Qiquan Resigns as Company Secretary, Authorized Representative and Agent in Legal Proceedings

Gelonghui, May 24, 丨 China Art Finance (01572.HK) announced that Yan Qiquan has resigned due to other commercial matters (i) the company's company secretary; (ii) the company's authorized representative (“authorized representative”) under section 3.05 of the Stock Exchange Listing Rules; and (iii) the legal process agent (“legal proceeding agent”) for the company to receive legal process documents and notices in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Hong Kong Laws) and section 19.05 (2) of the Listing Rules, effective from May 24, 2024.

Gelonghui FinanceMay 24 05:11 ET

China Art Financial Raises HK$1.5 Million From Private Placement

China Art Financial (HKG:1572) has completed the sale of 12.5 million shares to Zoomlion Digital Technology Group to raise net proceeds of HK$1.5 million, a Friday filing on the Hong Kong bourse said.

MT NewswiresApr 26 07:39 ET

China Art Finance (01572.HK) completed the issuance of 12.5 million subscribed shares

Gelonghui, April 26, 丨 China Art Finance (01572.HK) announced that all the prerequisites contained in the subscription agreement have been fulfilled, and the subscription matters have been completed on April 26, 2024. After the subscription was completed, the company issued 12.5 million subscription shares to the subscribers at a subscription price of HK$0.12 per subscribed share, which is equivalent to approximately 0.74% of the issued share capital of the company expanded through the subscription matter on the date of this announcement.

Gelonghui FinanceApr 26 04:59 ET

China Art Financial's 2023 Profit Falls on Cost of Inventories Sold

China Art Financial's (HKG:1572) attributable profit fell to 11 million yuan, or 0.0066 yuan per share, in 2023, from 14.6 million yuan, or 0.0087 yuan per share, in 2022, according to the company's annual report filed Wednesday with the Hong Kong Stock Exchange.

MT NewswiresApr 25 05:23 ET

中國藝術金融：2023年年度報告

Hong Kong Stock ExchangeApr 24 18:11 ET · Announcements

China Art Finance (01572.HK) plans to issue a total of 12.5 million shares at a discount of approximately 11.11%

Gelonghui, April 2, 丨 China Art Finance (01572.HK) announced that on April 2, 2024, the company (as issuer) entered into a subscription agreement with the subscriber Zhonglian Mathematical Group Co., Ltd., according to which the company conditionally agreed to issue a total of 12.5 million shares at HK$0.12 per share (discounted by about 11.11% from the closing price of HK$0.135 on the date of the subscription agreement), which is equivalent to approximately 0.74% of the existing issued share capital; and expand approximately 0.74% of the issued share capital through allotment. The total amount of proceeds from subscription transactions and the net amount of proceeds from subscription transactions were approximately 1,500, respectively,

Gelonghui FinanceApr 2 08:54 ET