LONGHUI INTL completed the placement of 21 million new shares at a price of HKD 0.12 per share on December 30, 2024, raising a total of HKD 2.52 million. After the completion of the placement, the total number of issued shares increased from 0.1686 billion shares to 0.1896 billion shares.The company's statutory share capital remains at 0.5 billion shares, with a par value of HKD 0.004 per share, resulting in a total statutory capital amount of HKD 2 million. This placement has increased the company's liquidity, but the impact on the capital structure is limited. The company stated that the funds raised from the placement will be used for general operating capital and future Business development.

LONGHUI INTL completed the placement of 21 million new shares at a price of HKD 0.12 per share on December 30, 2024, raising a total of HKD 2.52 million. After the completion of the placement, the total number of issued shares increased from 0.1686 billion shares to 0.1896 billion shares.The company's statutory share capital remains at 0.5 billion shares, with a par value of HKD 0.004 per share, resulting in a total statutory capital amount of HKD 2 million. This placement has increased the company's liquidity, but the impact on the capital structure is limited. The company stated that the funds raised from the placement will be used for general operating capital and future Business development.