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Jiangxi Rimag Group Co., Ltd. Class H ( (HK:2522) ) has provided an update.
Jiangxi Rimag Group Co., Ltd. has successfully completed the placing of 35,000,000 new H Shares under a general mandate, with the completion taking place on August 28, 2025. This placing represents a significant increase in the company’s issued H Shares, with the new shares accounting for approximately 11.93% of the issued H Shares post-placement. The placing was conducted with no less than six independent placees, none of whom have become substantial shareholders. This move is expected to impact the company’s shareholding structure, increasing the total number of issued shares and potentially enhancing the company’s market position.
The most recent analyst rating on (HK:2522) stock is a Buy with a HK$52.39 price target. To see the full list of analyst forecasts on Jiangxi Rimag Group Co., Ltd. Class H stock, see the HK:2522 Stock Forecast page.
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 with limited liability. The company is listed on the Stock Exchange of Hong Kong and is involved in the issuance and management of H Shares.
Average Trading Volume: 20,288,781
Technical Sentiment Signal: Sell
Learn more about 2522 stock on TipRanks’ Stock Analysis page.