The new urban construction and development (00456.HK) completed the issuance of a total of 27.649 million subscribed shares.

Zh tng cijng APP xn, xn chngsh jinsh fzhn (00456.HK) fb gnggo, rngu xiy (jng bchng xiy bchng) zi li de suyu xinju tiojin y hu lxng, gnj rngu xiy (jng bchng xiy bchng) de tiokn j tiojin, rngu shxing y y 2026 nin 5 yu 22 r wnchng. Gngs chnggng pif j fxng zngj 2764.9 wn g rngu gfn, zhn jnji rngu shxing wnchng qin gngs y fxng gbn de yu 14.82%; j jng fxng rngu gfn kudng hu de gngs y fxng gbn de yu 12.91%. Rngu shxing de sud kunxing jng yu wi 1034.5 wn gngyun. Gngs n jing sud kunxing jng yng zu ybn yngyn zjn, boku fzh zjn, xnjn j qt xngzhng h yngyn kizh dng. Zhtng Caijing APP news, New City Construction and Development (00456.HK) announced that all the preconditions listed in the subscription agreement (supplemented by supplementary agreements) have been fulfilled. According to the terms and conditions of the subscription agreement (supplemented by supplementary agreements), the subscription matter was completed on May 22, 2026. The company successfully issued a total of 27.649 million subscription shares, accounting for approximately 14.82% of the issued share capital of the company before the completion of the subscription matter; and approximately 12.91% of the issued share capital of the company after the issuance of subscription shares. The net proceeds from the subscription matter were approximately HK$103.45 million. The company plans to use the net proceeds for general operating funds, including paying rent, salaries, and other administrative and operational expenses.