Konoa-B (02162.HK) completes the placement of existing shares and the subscription of new shares.

The announcement of Kangnoya-B (02162.HK) stated that the placement has been completed on June 13, 2025, and the subscription has been completed on June 19, 2025. A total of 21.6 million shares have been successfully placed to no less than six professional, institutional, corporate, and/or other investors at a placement price of HK$45.48 per share to fully meet the selling party's holdings. The directors have conducted all reasonable inquiries and are deeply aware, well-informed, and confident that these investors, along with their respective ultimate beneficial owners, are independent third parties.