Kexuan Power Holdings (00476) completed the allocation of a total of 99 million subscribed shares

Zhitong Finance App News, Kexuan Dynamics Holdings (00476) issued an announcement. Since the prerequisites contained in the subscription agreement have been met, it was completed in accordance with the terms and conditions of the subscription agreement on November 5, 2026. A total of 99 million subscribed shares (accounting for about 21.78% of the company's issued share capital after being expanded through allotment and issuance of subscribed shares) have been allocated and issued to subscribers at the subscription price of HK$0.66 per subscribed share. The net proceeds from the subscription were approximately HK$65.1 million.