Summary by Futu AI
Shixin New Energy Holdings Limited (the “Company”) disclosed the changes in issued share capital on 10 May 2024 in accordance with the Listing Rules of the Securities of the Hong Kong Stock Exchange Limited. This change relates to the issuance of new ordinary shares pursuant to the distribution agreement signed on 22 April 2024. The new Ordinary Shares issued and distributed on 10 May 2024 under the General Mandate totalled 233,487,154 shares, representing 20% of the original issued shares. The IPO price of HKD 0.26 per share represents a decrease of HKD 0.365% from the previous business day's closing price of HKD 28.77%. Upon completion of the issue, the company's total issued shares increased to 1,400,922,926 shares. The Company confirms that all payments have been received and that all the prerequisites required by the Listing Rules have been met.