Workflow
云工场完成发行合共4598.5万股新股份,净筹约2.28亿港元

Core Viewpoint - The company, YunGongChang (02512), has issued a total of 45.985 million new shares at a subscription price of HKD 4.98 per share, raising approximately HKD 228 million in net proceeds after expenses [1] Fund Utilization - Approximately 13.2% of the net proceeds (or HKD 30 million) will be used to enhance the company's core business, specifically in IDC solutions and edge computing services, including procurement of high-performance edge computing hardware and development of distributed heterogeneous computing management platforms [1] - About 36.8% of the net proceeds (or HKD 84 million) will be allocated for business expansion, focusing on launching new services in intelligent computing throughout its lifecycle, which includes hardware procurement and development of high-speed lossless networks [1] - Approximately 40.4% of the net proceeds (or HKD 92 million) will be invested in establishing the company's own intelligent computing center, which will provide intelligent computing services, including land and property acquisition, equipment procurement, and internal renovations [1] - About 9.6% of the net proceeds (or HKD 22 million) will be used to supplement working capital and general corporate purposes, such as employee expenses and office rent [1] Cash Flow Projections - By June 30, 2025, it is expected that approximately 64.0% of the company's cash and cash equivalents will be used to repay bank loans, while about 36.0% will be allocated for settling supplier procurement costs and other operational expenses [1]