The total market value of China's Sandi (00910) holdings was HK$10.1853 million, of which shareholders deposited 2.55 million shares with Shunan Securities Asset Management

The Zhitong Finance App learned that the latest data from the Hong Kong Stock Exchange shows that on October 28, China's Sandi (00910) experienced a change in positions, with a total market value of HK$10.1853 million, accounting for 19.97%. The company's shareholders deposited 2.55 million shares into the asset management of Shunan Securities, and the shareholding ratio remained unchanged.

China Sandi announced that all conditions contained in the placement agreement (as amended and amended by the supplementary letter dated October 26, 2026) have been fulfilled, and the completion was fulfilled in accordance with its terms and conditions on October 28, 2026. A total of 5.088 million shares were placed, equivalent to approximately 20.00% of the company's current issued share capital immediately before completion; and approximately 16.67% of the company's issued shares which were expanded through the allocation and issuance of placement shares. On the date of this announcement, the placement agent successfully allotted and issued HK$1.38 per share at the placement price to no less than six undertakers in accordance with the terms and conditions of the placement agreement.

The total proceeds from the placement were HK$7 million and the net proceeds amounted to approximately HK$6.7 million. The Company intends to use the net proceeds from the placement as the Group's general working capital, including but not limited to payment of professional expenses, employee salaries, office rent, utilities and other expenses.