CHINA HK POWER (00931) has announced the completion of its share subscription arrangement. On September 21, 2026, the company finalized the subscription in accordance with the terms and conditions set forth in the subscription agreement, officially allocating and issuing 100 million subscription shares to the subscriber.

These newly issued shares represent approximately 1.21% of the company's total issued share capital immediately following the completion of the allotment and issuance. The gross proceeds from the issuance amounted to HKD 29 million, while the net proceeds, after deducting relevant expenses, reached approximately HKD 28.8 million.

As previously disclosed in the company's announcement, the entire net proceeds from the subscription are intended to be utilized as general working capital for the group, covering rental expenses, employee costs, professional fees, and other general administrative and operational expenditures.