The Elephant Holding Group (08635.HK) has completed the placement of 80 million shares.

Zhito Finance APP News, Elephant Holding Group (08635.HK) announced that the conditions set out in the placement agreement have been met, and the placement was completed on July 22, 2025. All 80 million shares of placement shares have been successfully placed at a placement price of HK$0.431 per share to no fewer than six underwriters.