China Treasures New Materials plans HK$45.6 million share placement at 20% discount

Reuters04-01

China Treasures New Materials plans HK$45.6 million share placement at 20% discount

China Treasures New Materials Group set placement to sell up to 200,000,000 new shares at HK$0.228 each.
Deal size represents 20% of issued share capital.
Placement price implies 20% discount to last close of HK$0.285.
Net proceeds expected at HK$45.4 million.
Funds earmarked for production materials, new product R&D, product promotion.

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 Treasures New Materials Group 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-20260401-12092685), on April 01, 2026, and is solely responsible for the information contained therein.

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