China Hongqiao unit Hongqiao Holdings plans private placement raising up to RMB 12 billion

• China Hongqiao’s board signed off on a private placement plan at listed unit Hongqiao Holdings, setting up a deemed disposal under Hong Kong listing rules.
• Deal targets gross proceeds of up to RMB 12 billion, with new A shares issued to no more than 35 investors.
• Placement size capped at 10% of Hongqiao Holdings’ pre-issue share capital, implying dilution of China Hongqiao’s stake to about 80.9% from 88.99%.
• Proceeds earmarked for wind and photovoltaic projects, aluminum deep processing, debt repayment, working capital; subject to shareholder, exchange, CSRC approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Hongqiao Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260731-12264746), on July 31, 2026, and is solely responsible for the information contained therein.