Roo Hsing Announces Status of Private Placement Approved in 2025 AGM

Roo Hsing Co., Ltd. announced the current status of its private placement of securities, originally approved during the 2025 Annual General Shareholders' Meeting on June 27, 2025. The plan authorized the issuance of up to 79.5 million shares through private placement of common shares or domestic unsecured convertible bonds to supplement working capital, invest, or repay loans. This authorization quota will expire on June 26, 2026. As of the board meeting date, the company has not yet implemented the placement and is still evaluating potential investors. If unexecuted by the deadline, the remaining quota will be officially cancelled.