According to the latest data from the Hong Kong Stock Exchange, a significant change in shareholding positions was recorded for HUISHENG INTL (01340) on June 12. The total market value of the deposited securities amounted to HK$17.54 million, representing 20% of the relevant holdings.

The company's shareholder deposited 185 million shares with Hua Ye Securities, resulting in a decrease of 17.98 percentage points in their shareholding ratio.

HUISHENG INTL recently announced that all conditions under the placement agreement have been fulfilled, and the placement was completed on June 12, 2026. A total of 185 million placement shares, equivalent to 20% of the company's issued share capital immediately before completion and approximately 16.67% of the enlarged issued share capital following the allotment and issue of the placement shares, were successfully placed to no fewer than six placees at a price of HK$0.046 per share in accordance with the terms of the placement agreement.

The gross proceeds from the placement amounted to approximately HK$8.49 million. After deducting placement commissions and other related expenses, the net proceeds were approximately HK$8.22 million.