Rongchang Bio (688331.SH) completes the placement of 19 million new H shares.

China Wisdom Financial APP News, Rongchang Biotechnology (688331.SH) announced that the company successfully issued and distributed a total of 19 million new H shares to no less than six underwriters on May 29, 2025 at a subscription price of HK$42.44 per share, accounting for approximately 9.11% of the total number of H shares issued after the issuance and approximately 3.37% of the total number of shares issued.