China Baoli Tech issues 38.44 million new shares at HK$0.40, expanding share base by 13.21%

Bulletin Express04-10 18:22

China Baoli Technologies Holdings Limited disclosed that on 10 April 2026 it completed the allotment and issuance of 38.44 million new ordinary shares to 12 subscribers at HK$0.40 per share, pursuant to previously announced subscription agreements dated 30 March and 2 April 2026.

The transaction enlarged China Baoli Tech’s issued share capital from 291.05 million to 329.49 million shares, representing a 13.21% increase. Based on the subscription price, the placement is expected to raise approximately HK$15.38 million before expenses.

The company confirmed that the share issue was duly authorised by the board and executed in full compliance with Hong Kong Stock Exchange listing rules and all relevant regulatory requirements. No treasury share movements, share repurchases or redemptions were reported as of the same date.

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