Fengcheng Holdings (02295.HK): Offeror places approximately 8.50% of shares, restoring minimum public float

Zhitong Finance APP News, Fengcheng Holdings (02295.HK) announced that, in order to restore the company's public float, as of September 10, 2026, the offeror had sold a total of 33.98 million offer shares to independent third parties through a placing, representing approximately 8.50% of the total issued shares (the Placing). Accordingly, the corresponding 33.98 million shares are held by the public. Immediately after the Placing and as at the date of this announcement, the total number of shares held by the public was 100 million, representing 25% of the total issued shares. Therefore, the requirement under Rule 13.32B(1) of the Listing Rules for a minimum public float of 25% of the company's total issued shares has been restored.