Gelonghui, December 18 - Maifushi (02556.HK) announced that on December 18, 2024 (before the trading session), the company signed a placement agreement with the placement agents (namely, Jianyin International and Yingli Securities), under which the placement agents conditionally agreed to act as the company's placement agents, working hard to ensure that no less than six subscribers subscribe for up to 1 million new shares at a placement price of HKD 110.00 per share.
The placement price of HKD 110.00 per share represents a discount of approximately 0.45% compared to the closing price of HKD 110.50 per share reported on the Hong Kong Stock Exchange on December 17 (the last trading day). The number of shares being placed accounts for approximately 0.43% of the company's existing issued share capital as of the date of this announcement (excluding treasury shares, if any), and approximately 0.42% of the issued share capital after the placement (excluding treasury shares, if any).
The total amount raised from the placement will be approximately HKD 0.11 billion. The net proceeds from the placement will be approximately HKD 0.1095 billion. After deducting relevant fees and expenses, the net price per share from the placement will be approximately HKD 109.54 per share. The company intends to use the net proceeds for the following purposes: (1) research and development of AI large model technology in the marketing and sales field, including training the Tforce large model in marketing, constructing an intelligent agent middle platform, and commercial implementation of the intelligent agents in various scenarios; and (2) working capital and general corporate purposes.
