ChinaNet Online Holdings (01920.HK) plans to discount approximately 15.44% to sell a maximum of 62.4 million shares.

Tencent Finance APP News, China Netcom (01920.HK) announced that on June 3, 2025 (after trading hours), the company entered into a placing agreement with placing agents. According to the placing agreement, the company has conditionally agreed to place a maximum of 62.4 million shares at a placing price of HK$0.241 per share to no fewer than six independent placing persons on a best efforts basis through the placing agents.