XINMING CHINA (02699) announced that on December 17, 2024, Prosperous Financing Limited (a licensed corporation approved by the Securities and Futures Commission to conduct regulated activities of type 6 (providing advice on corporate finance) under the Securities and Futures Ordinance) has been appointed as the independent financial advisor.
According to the Zhito Finance APP, XINMING CHINA (02699) announced that on December 17, 2024, Prosperous Financing Limited (a licensed corporation approved by the Securities and Futures Commission to conduct regulated activities of type 6 (providing advice on corporate finance) under the Securities and Futures Ordinance) has been appointed as the independent financial advisor to provide advice to the Independent Board Committee and independent Shareholders regarding the fairness and reasonableness of the terms of the rights issue. The appointment of the independent financial advisor has been approved by the Independent Board Committee.