Summary by Futu AI
China Ruyi Holdings Limited ("the Company") issued and distributed 128,500,000 common shares to Cheng Wan Development Limited on June 5, 2024, accounting for 1.04% of the total issued shares before the issuance. The offering price per share this time is HKD 1.6, a discount of 23.08% compared to the closing price of HKD 2.08 on the previous trading day. The share issuance was made in accordance with the share subscription agreement announced on July 4, 2023. After the issuance, the company's issued shares increased from 12,376,147,545 to 12,504,647,545. The company confirms that all issuance matters have been approved by the Board of Directors and have complied with the relevant requirements of the Listing Rules of The Stock Exchange of Hong Kong Limited.