Summary by Futu AI
CHINA RUYI Holdings issued 0.734 billion new shares on December 31, 2024, as a result of the exercise of warrants. This batch of new shares accounts for 5.4% of the issued shares before the exercise, with an issuance price of HKD 0.96 per share.This issuance arises from the warrants issued by the company on January 20, 2021. After the issuance is completed, the total number of shares issued by the company has increased from 13,604,647,545 shares to 14,338,926,852 shares. Relevant details can be found in the announcements released by the company on October 26, 27, 2020, and January 18, 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. The company has received all due payments and has fulfilled all listing prerequisites.