Core Viewpoint - Jiangsu Hongxin (02625) announced a placement of up to 21.42 million new shares, representing a 9.09% increase in post-expansion share capital, at a price of HKD 2.90, which is a 13.95% discount to the closing price on November 11 [1] Group 1 - The company’s stock price increased by nearly 7% during trading, closing up 4.81% at HKD 6.32, with a trading volume of HKD 3.9497 million [1] - The net proceeds from the share placement amount to HKD 58.65 million, which will be fully invested in Haike Hongxin [1] - The company has already invested RMB 25 million in Haike Hongxin this year, holding an 18% stake [1] Group 2 - The purpose of the new capital injection is to accelerate the transformation of the company's retail business towards smart and unmanned operations [1] - The investment will support the research and commercialization of innovative products such as coffee robots, dining robots, unmanned supermarket robots, and humanoid robot promoters [1] - The company aims to achieve over 51% control of Haike Hongxin through this and potential future investments, integrating it into the consolidated financial statements [1]

Core Viewpoint - Jiangsu Hongxin (02625.HK) experienced a significant intraday increase of nearly 7%, with a current rise of 4.81%, trading at 6.32 HKD, and a transaction volume of 3.9497 million HKD [1] Summary by Category - **Stock Performance** - Jiangsu Hongxin's stock price rose by 4.81% to 6.32 HKD [1] - The stock saw an intraday increase of nearly 7% [1] - The trading volume reached 3.9497 million HKD [1]

Core Viewpoint - Jiangsu Hongxin (02625) announced a placement of up to 21.42 million new shares, representing a 9.09% increase in post-expansion share capital, at a price of HKD 2.90, which is a 13.95% discount to the closing price on November 11 [1] Group 1 - The company’s stock price increased by nearly 7% during trading, closing up 4.81% at HKD 6.32, with a trading volume of HKD 3.9497 million [1] - The net proceeds from the share placement amount to HKD 58.65 million, which will be fully invested in Haike Hongxin [1] - The company has already invested RMB 25 million in Haike Hongxin this year, holding an 18% stake [1] Group 2 - The purpose of the new capital injection is to accelerate the transformation of the company's retail business towards smart and unmanned operations [1] - The investment will support the research and commercialization of innovative products such as coffee robots, dining robots, unmanned supermarket robots, and humanoid robot promoters [1] - The company aims to achieve over 51% control of Haike Hongxin through this and potential future investments, integrating it into the consolidated financial statements [1]

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或 任何部分內容而產生或依賴該等內容而引致的任何損失承擔任何責任。 JIANGSU HORIZON CHAIN SUPERMARKET COMPANY LIMITED 江 蘇 宏 信 超 市 連 鎖 股 份 有 限 公 司 （在中華人民共和國註冊成立的股份有限公司） （股份代號：2625） 關於以一般授權配售新H股所得款項用途 之 補充公告 如 該 公 告 所 披 露 ，本 公 司 擬 將 配 售 所 得 款 項 淨 額（ 預 計 約 為 58,650,000 港 元 ）全 部 用於注資海科宏信。本公司現就有關向海科宏信注資一事，作出以下補充披露： 年初以來，本公司已向海科宏信出資人民幣2,500萬元，持有其18 %股權。經雙方 磋商，為配合本公司現有零售向智能化、無人化升級，以及推動海科宏信之咖啡 機器人、餐飲機器人、無人超市機器人等新業務的研發與落地，有需要向海科宏 信進一步注資，加快相關產品商業化步伐。 ...

Core Viewpoint - Jiangsu Hongxin (02625.HK) announced a discounted placement plan, raising approximately HKD 58.65 million despite the typical short-term negative perception of such announcements, leading to a significant stock price increase of 62.91% on November 12, 2025 [2][8]. Group 1: Placement Details - The company plans to issue 21.42 million new H-shares at a price of HKD 2.90 per share, representing a 13.95% discount to the closing price of HKD 3.37 on the placement date [5]. - The total expected fundraising is approximately HKD 62.13 million, with net proceeds estimated at HKD 58.65 million [5]. Group 2: Fund Utilization - The funds raised will be directed towards investment in Haike Hongxin Digital Technology (Jiangsu) Co., Ltd., focusing on digital technology services including AI, smart robotics, software and blockchain solutions, data processing, and e-commerce [6]. Group 3: Financial Performance - For the first half of 2025, Jiangsu Hongxin reported revenue of CNY 771 million, a year-on-year increase of 16.22%, while profit decreased by 26.6% to CNY 13.5 million due to listing expenses [7]. - The wholesale revenue grew by 24.1% to CNY 441 million, retail general sales remained stable at CNY 262 million, retail bulk sales surged by 104% to CNY 33.9 million, and meal supply revenue increased by 409.8% to CNY 13.9 million [7]. Group 4: Strategic Outlook - The investment in digital technology aims to optimize supply chain management and enhance store operational efficiency, aligning with the retail industry's trend towards digital transformation [7]. - If successful, Jiangsu Hongxin could achieve a significant upgrade in its traditional retail operations, potentially breaking regional limitations and enhancing growth prospects [7]. Group 5: Market Recognition - Jiangsu Hongxin is currently a candidate for the 12th Hong Kong Stock 100 Strong selection, which aims to identify quality companies in line with industry changes [9]. - The company’s solid performance and clear transformation strategy may position it favorably in this prestigious evaluation [10].

Group 1 - Jiangsu Hongxin's stock price increased by over 43%, reaching 4.80 HKD with a trading volume of 14.57 million HKD [1] - The company announced a placement of up to 21.42 million new shares, representing a 9.09% increase in post-expansion share capital, at a placement price of 2.90 HKD, which is a 13.95% discount to the closing price on November 11 [1] - The total fundraising amount is 62.13 million HKD, with a net amount of 58.65 million HKD intended for investment in Haike Hongxin [1] Group 2 - Haike Hongxin primarily engages in digital technology services, including artificial intelligence, smart robotics, software, and blockchain solutions development and application [1] - Its business scope also includes data processing, e-commerce, import and export, advertising, and related consulting and technical services [1] - The board believes that the placement will broaden the company's shareholder and capital base, and the net proceeds will strengthen the group's financial position for future development [1]

Group 1 - Jiangsu Hongxin (02625.HK) has seen a significant increase in its stock price, rising over 16% [1] - As of the latest update, the stock is up 16.62%, trading at HKD 3.93 [1] - The trading volume reached HKD 3.4448 million [1]

Core Viewpoint - Jiangsu Hongxin (02625) experienced a significant stock price increase of over 16%, reaching HKD 3.93 with a trading volume of HKD 3.44 million [1] Company Summary - Jiangsu Hongxin announced a placement of up to 21.42 million new shares, representing a 9.09% increase in the enlarged share capital [1] - The placement price is set at HKD 2.90, which reflects a discount of 13.95% compared to the closing price on November 11 [1] - The total amount raised from the placement is HKD 62.13 million, with a net amount of HKD 58.65 million intended for investment in Haike Hongxin [1] Industry Summary - Haike Hongxin primarily engages in digital technology services, including the development and application of artificial intelligence, smart robotics, software, and blockchain solutions [1] - Its business scope also includes data processing, e-commerce, import and export, advertising, and related consulting and technical services [1] - The board believes that the placement will broaden the company's shareholder base and capital sources, while the net proceeds will strengthen the group's financial position for future development [1]

Core Viewpoint - Jiangsu Hongxin (02625) shares rose over 16%, reaching a price of HKD 3.93, with a trading volume of HKD 3.4448 million [1] Group 1: Share Placement - Jiangsu Hongxin announced a placement of up to 21.4246 million new shares, representing a 9.09% increase in the enlarged share capital [1] - The placement price is set at HKD 2.9, which reflects a discount of 13.95% compared to the closing price on November 11 [1] - The total amount raised from the placement is HKD 62.13 million, with a net amount of HKD 58.65 million intended for investment in Haike Hongxin [1] Group 2: Business Focus - Haike Hongxin primarily engages in digital technology services, including artificial intelligence, smart robotics, software, and blockchain solutions development and application [1] - Its business scope also includes data processing, e-commerce, import and export, advertising, and related consulting and technical services [1] Group 3: Financial Strategy - The board believes that the placement will broaden the company's shareholder and capital base [1] - The net proceeds from the placement will strengthen the group's financial position and prepare for future development [1]

Core Viewpoint - Jiangsu Hongxin (02625) has announced a placement agreement to issue up to 21.4247 million new H-shares, representing 10% of the company's existing share capital, with a placement price of HKD 2.90 per share, reflecting a discount of approximately 13.95% from the market price on the agreement date [1] Group 1 - The total proceeds from the placement, assuming full subscription, will amount to HKD 62.1316 million, with estimated net proceeds of approximately HKD 58.65 million, equating to a net placement price of about HKD 2.737 per share [1] - The net proceeds are expected to be fully utilized for investment in Haike Hongxin Digital Technology (Jiangsu) Co., Ltd., which focuses on digital technology services, including AI, smart robotics, software, and blockchain solutions [1] - The board believes that the placement will broaden the company's shareholder base and capital sources, while also strengthening the group's financial position for future development [1]