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China Art Financial Raises HK$1.5 Million From Private Placement
China Art Financial (HKG:1572) has completed the sale of 12.5 million shares to Zoomlion Digital Technology Group to raise net proceeds of HK$1.5 million, a Friday filing on the Hong Kong bourse said.
MT NewswiresApr 26 07:39 ET
China Art Finance (01572.HK) completed the issuance of 12.5 million subscribed shares
Gelonghui, April 26, 丨 China Art Finance (01572.HK) announced that all the prerequisites contained in the subscription agreement have been fulfilled, and the subscription matters have been completed on April 26, 2024. After the subscription was completed, the company issued 12.5 million subscription shares to the subscribers at a subscription price of HK$0.12 per subscribed share, which is equivalent to approximately 0.74% of the issued share capital of the company expanded through the subscription matter on the date of this announcement.
Gelonghui FinanceApr 26 04:59 ET
China Art Financial's 2023 Profit Falls on Cost of Inventories Sold
China Art Financial's (HKG:1572) attributable profit fell to 11 million yuan, or 0.0066 yuan per share, in 2023, from 14.6 million yuan, or 0.0087 yuan per share, in 2022, according to the company's annual report filed Wednesday with the Hong Kong Stock Exchange.
MT NewswiresApr 25 05:23 ET
中國藝術金融:2023年年度報告
Futu NewsApr 24 18:11 ET · Announcements
China Art Finance (01572.HK) plans to issue a total of 12.5 million shares at a discount of approximately 11.11%
Gelonghui, April 2, 丨 China Art Finance (01572.HK) announced that on April 2, 2024, the company (as issuer) entered into a subscription agreement with the subscriber Zhonglian Mathematical Group Co., Ltd., according to which the company conditionally agreed to issue a total of 12.5 million shares at HK$0.12 per share (discounted by about 11.11% from the closing price of HK$0.135 on the date of the subscription agreement), which is equivalent to approximately 0.74% of the existing issued share capital; and expand approximately 0.74% of the issued share capital through allotment. The total amount of proceeds from subscription transactions and the net amount of proceeds from subscription transactions were approximately 1,500, respectively,
Gelonghui FinanceApr 2 08:54 ET
China Art Finance (01572) announced annual results. Profit attributable to shareholders of 11.019 million yuan decreased by 24.51% year-on-year
According to the Zhitong Finance App, China Art Finance (01572) announced the annual results for the year ended December 31, 2023. The group obtained revenue of RMB 597.42 million (same unit), an increase of 118.53% year on year; profit attributable to company owners was RMB 11.19 million, a decrease of 24.51% year on year; profit per share was 0.66 points. The company's profit before tax decreased by about 5.5 million yuan or about 25% from about 21.9 million yuan last year to about 16.5 million yuan during the reporting year. The decline in profit before tax was mainly due to a decrease in interest income and operations in the Group's art and asset pawnbroking business
Zhitong FinanceMar 28 06:48 ET
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