China Kong Energy (00931.HK) proposes to place 50 million new shares at a discount of approximately 6.5%, raising net proceeds of approximately HK$14.3 million.

Zhito Finance APP News: China Kong Neng (00931.HK) announced that on September 14, 2026 (after the trading session of the Stock Exchange), the Company and Ms. Huang Jiajia (the subscriber) entered into a subscription agreement, pursuant to which, subject to the terms and conditions set out in the subscription agreement, the subscriber has conditionally agreed to subscribe, and the Company has conditionally agreed to allot and issue, a total of 50 million new shares at a subscription price of HK$0.290 per share.