Xinhua Lande Scitech Replaces Subscriber in HK$2.16 Million H-Share Placement

Reuters02-25

Xinhua Lande Scitech Replaces Subscriber in HK$2.16 Million H-Share Placement

Xinhua Lande Scitech Co., Limited announced a change to one subscriber in its subscription of new H shares under a general mandate. The company terminated the agreement with Wu Lan, who was unable to remit funds on time, and signed a new subscription agreement with Gao Jianlong to subscribe for 6,965,000 H shares at HK$0.31 per share for HK$2.16 million. All other terms of the subscription arrangements remain unchanged, and completion is subject to conditions precedent.

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. Xinhua Lande Scitech Co. 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-20260225-12029670), on February 25, 2026, and is solely responsible for the information contained therein.

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