Kangji Medical (00648) major shareholder plans to sell up to 500 million shares.

Zhtng Cijng APP news, Jngji Kng Lio (00648) announced that the company's controlling shareholder, Multi Omniverse Group Limited, has entered into a placement agreement with a placement agent after trading hours on April 29, 2026. They plan to sell up to 500 million shares of the company's stock through the placement agent at a price of 0.11 Hong Kong dollars per share. The sale period will be from the date of the placement agreement until May 8, 2026, or a longer period as agreed in writing between the placing shareholder and the placement agent.