SHANGHAI GROWTH (00770): Successfully placed 2.187 million shares of rights issue.
SHANGHAI GROWTH (00770) announced that as of 4:00 pm on March 4, 2026, the deadline for accepting the final subscription for shares and payment, a total of 5 valid applications were received, involving a total of 2.12 million shares of shares subscribed, equivalent to approximately 55% of the total number of shares proposed under the subscription.
Shanghai Growth (00770) announced that as of 4:00 pm on March 4, 2026, the deadline for accepting the offer for the new shares and payment, a total of 5 valid applications were received, involving a total of 2.612 million shares of new shares, representing approximately 55% of the total number of new shares offered. Based on the results of the valid acceptances and applications mentioned above, the total number of new shares not subscribed for under the compensation arrangement will be 2.1875 million shares of new shares. The company has made a compensation arrangement in accordance with section 7.21(1)(b) and entered into a placement agreement with the placement agent, under which the company has conditionally appointed the placement agent to encourage underwriters to subscribe for the new shares not subscribed for under the terms of the placement agreement. As of 4:00pm on March 11, 2026, 2.187 million shares of new shares were successfully placed with 3 independent underwriters. Therefore, according to the compensation arrangement, there are no net profits available for distribution to the non-participating shareholders under the compensation arrangement.
Related Articles

Chifeng Jilong Gold Mining (06693) announces annual performance with a net profit attributable to shareholders of 3.082 billion yuan, a year-on-year increase of 74.7%.

PERSISTENCEGOLD(02489): Yantai Moujin resumes production

Zijin Mining Group (02899) will distribute a final dividend of 3.8 yuan for every 10 shares.
Chifeng Jilong Gold Mining (06693) announces annual performance with a net profit attributable to shareholders of 3.082 billion yuan, a year-on-year increase of 74.7%.

PERSISTENCEGOLD(02489): Yantai Moujin resumes production

Zijin Mining Group (02899) will distribute a final dividend of 3.8 yuan for every 10 shares.

RECOMMEND

State Reform Fund And Three Major Banks Backstop Voyah As It Secures Hong Kong’s First Auto IPO This Year
20/03/2026

Hong Kong IPO Irregularities Surface As Corner Placements And Retail Losses Emerge, Haizhi Technology Implicated
20/03/2026

Gold And Silver Experience Sharp Sell‑Off As Global Rate‑Hike Expectations Intensify
20/03/2026


