China Huajun Ends Planned Share Subscription, Cites No Material Impact on Operations

Bulletin Express
Jun 29

China Huajun Group Limited announced that, effective 29 June 2026, it and the previously identified subscribers have mutually terminated the share-subscription agreements disclosed on 26 June 2026. All parties are discharged from further obligations, and the proposed issuance of new shares under the general mandate will not proceed.

The Board states that ending the transaction will not materially affect the company’s existing business, operational profile or financial condition. Management is in discussions with other potential investors and will issue further announcements when appropriate.

Trading in the company’s shares remains suspended pending the release of inside-information-related disclosures. Shareholders and potential investors are urged to exercise caution when dealing in the securities.

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