Summary by Futu AI
CHINA RUYI Holdings issued 1.1 billion new shares on December 27, 2024, due to the exercise of warrants. The issue price of the new shares is HK$0.96 per share, increasing the total number of issued shares from 12.505 billion to 13.605 billion, an expansion of approximately 8.8%. This issuance stems from the warrants issued by the company on January 20, 2021. Relevant details can be found in the announcements released by the company on October 26, October 27, January 18, and January 20, 2021, as well as the circular dated December 31, 2020. The company confirms that this share issuance has been formally authorized and approved by the Board of Directors and complies with all applicable listing rules, laws, and other regulatory requirements.