Shareholders of Tianhong Culture and Innovation (08500) transferred shares from Risen Gangtong Securities to Changli Securities with a market value of HK$8.082,200

The Zhitong Finance App learned that according to the latest data from the Hong Kong Stock Exchange, shareholders of Tianhong Culture and Innovation (08500) transferred shares from Risen Gangtong Securities to Changli Securities, with a market value of HK$8.0822 million, accounting for 8.13%.

Tianhong Cultural Innovation issued an announcement. Since the prerequisites for completing the subscription were not reached on or before August 31, 2025, the subscription agreement has expired and is null and void, and both the company and the subscriber have been released from all liability under the subscription agreement.

According to the company's interim results for the six months ended June 30, 2025, the Group's revenue was RMB 12.703 million, a year-on-year decrease of 37.29%; net profit of RMB 431,000, an increase of 71.03%; and profit of 0.001 yuan per share.