The Zhitong Finance App learned that on the morning of December 18, Shangtang Technology (00020.HK) issued an announcement on the Hong Kong Stock Exchange to place new Class B shares in accordance with general authorization. On December 18, 2025 (before the Hong Kong Stock Exchange trading session), the company placed 1.75 billion subscription shares. The estimated total placement amount is approximately HK$3.15 billion. The placement was actively subscribed by six organizations, fully reflecting the market's firm confidence in the long-term value and development prospects of Shangtang Technology.

The Zhitong Finance App learned that on the morning of December 18, Shangtang Technology (00020.HK) issued an announcement on the Hong Kong Stock Exchange to place new Class B shares in accordance with general authorization. On December 18, 2025 (before the Hong Kong Stock Exchange trading session), the company placed 1.75 billion subscription shares. The estimated total placement amount is approximately HK$3.15 billion. The placement was actively subscribed by six organizations, fully reflecting the market's firm confidence in the long-term value and development prospects of Shangtang Technology.