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Jiangxi Rimag Group Completes Successful H Share Placement

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Jiangxi Rimag Group Co., Ltd. Class H ( (HK:2522) ) has shared an announcement.

Jiangxi Rimag Group Co., Ltd. has successfully completed the placement of 9,750,000 new H shares under a general mandate, with the transaction finalized on May 6, 2025. This placement represents a minor dilution of existing shares, increasing the total issued shares to 366,061,832, and was conducted with independent third-party placees, ensuring no new substantial shareholders were created.

More about Jiangxi Rimag Group Co., Ltd. Class H

Jiangxi Rimag Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the manufacturing and industrial sector. The company is listed on the Stock Exchange of Hong Kong and is involved in the issuance and trading of H shares.

YTD Price Performance: -69.58%

Average Trading Volume: 3,704,661

Technical Sentiment Signal: Strong Buy

See more insights into 2522 stock on TipRanks’ Stock Analysis page.

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