China Next-Gen Commerce and Supply Chain Completes HK$8.88 Share Placement of 16 Million Shares

Reuters02-25

<a href="https://laohu8.com/S/03928">China Next-Gen</a> Commerce and Supply Chain Completes HK$8.88 Share Placement of 16 Million Shares

China Next-Gen Commerce and Supply Chain Ltd. said it completed a placing of new shares under a general mandate on Feb. 25, issuing 16 million new shares at HK$8.88 each to at least six independent placees. The placing shares represent about 3.23% of the company’s enlarged issued share capital, and net proceeds were approximately HK$140.75 million after fees and expenses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Next-Gen Commerce and Supply Chain Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260225-12029486), on February 25, 2026, and is solely responsible for the information contained therein.

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