Xinda Holdings (08471.HK) has completed the issuance of a total of 245 million shares of placement shares.

Zhtng Cijng APP news, Xnd Kngg (08471.HK) issued an announcement, which has been completed as of May 27, 2026. According to the terms and conditions of the placement agreement, the placement agent has successfully placed a total of 245 million shares of placement shares with ten independent placing agents, equivalent to (i) 20% of the Company's issued share capital immediately before the placement; and (ii) approximately 16.67% of the Company's issued share capital as at the date of this announcement after the placement and issuance of 245 million placement shares. The placement price is HK$0.02 per placement share.