Xunzhong Communications (02597) shareholders with a total market value of HK$440 million deposited 8.25 million shares into Guoyuan Securities brokerage

The Zhitong Finance App learned that the latest data from the Hong Kong Stock Exchange shows that on September 17, Xunzhong Communications (02597) experienced a change in positions, with a total market value of HK$440 million, accounting for 36.76%. The company's shareholders deposited 8.25 million shares into Guoyuan Securities brokerage, and the shareholding ratio remained unchanged.

Xunzhong Communications announced that all conditions under the placement agreement have been met, and delivery has been carried out on September 17, 2026. A total of 11.19 million placed shares (accounting for approximately 8.42% of the total number of issued shares (excluding treasury shares) after being allocated and expanded after delivery) have been successfully placed to no less than six undertakers at the placement price of HK$28.20 per share in accordance with the terms and conditions set out in the placement agreement.