China Ruifeng Renewable Energy completes placement of 100,758,000 shares at HK$ 0.55 each

• China Ruifeng Renewable Energy completed a placing of 100,758,000 new shares at HK$ 0.55 each on July 10, 2026.
• Net proceeds totaled about HK$ 54.5 million; HK$ 43.6 million earmarked for future development, HK$ 10.9 million for working capital.
• The placing shares equal 5.49% of issued capital pre-deal, 5.21% on the enlarged share base.
• The 2022 Convertible Bonds conversion price adjusted to HK$ 0.615 from HK$ 0.621, raising shares on full conversion to 579,471,544.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Ruifeng Renewable Energy Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260710-12241657), on July 10, 2026, and is solely responsible for the information contained therein.