Ge Long Hui·2025-08-25 23:57Group 1 - Company Ganfeng Lithium (01772.HK) announced a placement agreement to issue 40.0256 million H-shares, representing approximately 9.92% of existing issued H-shares and about 1.98% of total issued shares as of the announcement date [1] - The placement price is set at HKD 29.28 per share, which is a discount of approximately 5.49% compared to the closing price of HKD 30.98 on August 25 [1] - The total estimated proceeds from the placement are approximately HKD 1.172 billion, with net proceeds expected to be around HKD 1.169 billion, intended for loan repayment, capacity expansion, working capital, and general corporate purposes [1] Group 2 - The company also entered into a subscription agreement for a bond issuance totaling HKD 1.37 billion, consisting of 1.50% convertible bonds due in 2026 [2] - The initial conversion price for the bonds is set at HKD 33.67 per share, representing a premium of approximately 8.68% over the last closing price of HKD 30.98 on August 25 [2] - If fully converted at the initial conversion price, the bonds could convert into approximately 40.68904 million H-shares, equating to about 10.08% of existing issued H-shares and 2.02% of total issued shares, with net proceeds from the bond subscription expected to be around HKD 1.346 billion [2]