HANS CNC (03200) Issues 7.57 Million H Shares via Over-Allotment Option, Expanding Capital Base by 15%

Bulletin Express03-10

Shenzhen Han’s CNC Technology Co., Ltd. (HANS CNC, 03200) disclosed that on 10 March 2026 it issued and allotted 7.57 million new H shares following the full exercise of the over-allotment option announced on 5 March 2026.

The new shares were priced at HKD 95.80 each, implying gross proceeds of approximately HKD 724.99 million.

Prior to the transaction, the company had 50.45 million issued H shares. Post-issuance, the total number of issued H shares increased to 58.02 million, representing a 15% enlargement of the share capital.

The filing confirms that the allotment was duly authorised by the board and executed in compliance with Hong Kong Listing Rules and other applicable regulations.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment