Summary by Futu AI
China Ruyi Holdings Limited (the “Company”) issued and issued 135,000,000 shares of ordinary shares to Chengwan Development Limited on 23 May 2024, representing 1.17% of the Company's shares issued prior to issue. The price per share of this issue is HK$1.6, a 25.93% discount from the previous business day's closing price of HK$2.16. This share issue is pursuant to the Share Subscription Agreement announced on July 4, 2023. Upon completion of the issue, the issued share capital of the Company increased from 11,585,897,545 shares to 11,720,897,545 shares. The Company confirms that all relevant laws and listing requirements have been complied with and that all monies due have been received.