Fengzhan Holdings (01826): The share offering was effectively accepted by about 23.53%

Zhitongcaijing · 3d ago

According to the Zhitong Finance App, Fengzhan Holdings (01826) issued an announcement. At 4:00 p.m. on July 21, 2026 (Tuesday) (that is, the final acceptance period), it received a valid application and acceptance under the provisional quota notice. A total of 188 million shares were offered, accounting for about 23.53% of the shares offered for subscription under the share offering.

As a result, 611 million shares of the stock offering were unsubscribed, accounting for about 76.47% of the total number of shares offered for sale under the share offering. Such shares will be processed in accordance with the compensation arrangement.

The placement agent will, on a best-effort basis, prompt the purchaser to subscribe all (or as many as possible) of these unsubscribed shares at a price not less than the subscription price no later than 4:00 p.m. on July 31, 2026 (Friday). The company will not issue any unsubscribed shares under the compensation arrangement after the placement is completed, and the size of the share offering will be reduced accordingly.