Zhitong Finance App News, Xunzhong Communications (02597.HK) issued an announcement. On October 23, 2026, the company signed a placement agreement with the placement agent. The placement agent plans to induce no less than 6 independent undertakers to subscribe for 3.55 million placed shares. The placement price is HK$29.00 per placed share. Placed shares account for approximately 2.60% of the total number of issued shares expanded through allotment and issuance of placed shares. The placement price is HK$29.00 per share, a discount of approximately 14.35% from the closing price of HK$33.86 per H share as reported on the Stock Exchange on the last trading day.

Zhitong Finance App News, Xunzhong Communications (02597.HK) issued an announcement. On October 23, 2026, the company signed a placement agreement with the placement agent. The placement agent plans to induce no less than 6 independent undertakers to subscribe for 3.55 million placed shares. The placement price is HK$29.00 per placed share. Placed shares account for approximately 2.60% of the total number of issued shares expanded through allotment and issuance of placed shares. The placement price is HK$29.00 per share, a discount of approximately 14.35% from the closing price of HK$33.86 per H share as reported on the Stock Exchange on the last trading day.