China Skybow Holdings (00428.HK) plans to discount approximately 19.46% of its shares to sell up to 21.42 million shares, raising about 3.7 million Hong Kong dollars.

The Zhitong Finance APP announces that China Tiangong Holdings (00428.HK) has announced on July 22, 2025 (after trading hours) that the company has entered into a placement agreement with the placement agent. According to this agreement, the company has appointed the placement agent to use its best efforts to facilitate the subscription of up to 21.4248 million shares of placement shares by subscribers, at a price of 0.178 Hong Kong dollars per share. The placement price represents a discount of approximately 19.46% from the closing price of 0.221 Hong Kong dollars per share reported by the company on the Stock Exchange on July 22, 2025 (the date of the placement agreement).