China Huajun Group Limited announced the completion of its previously disclosed share subscription on 16 July 2026, issuing 12.00 million new shares at HK$1.09 each under the general mandate. The transaction generated net proceeds of HK$13.00 million.
Of the funds raised, the company plans to allocate approximately HK$8.20 million to debt repayment and about HK$4.80 million to general working capital, covering office rent, staff costs, legal and professional fees, and other administrative expenses by 31 December 2026.
Post‐transaction, the group’s issued share capital increased from 81.49 million to 93.49 million shares. The controlling shareholder, Huajun Group Limited (wholly owned by Mr. Meng Guang Bao), saw its stake diluted from 54.54 % to 47.54 %. Meanwhile, the newly introduced investors—classified as independent third-party subscribers—collectively hold 12.84 % of the enlarged share base, with no single subscriber exceeding a 5 % interest.
Public shareholders now own 31.19 million shares, representing 33.37 % of the company’s issued capital, thereby restoring compliance with the Hong Kong Listing Rules’ minimum 25 % public-float requirement.
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