Core Viewpoint - Baiguoyuan Group (02411.HK) has entered into a placement agreement to issue 279.5 million H-shares at a price of HKD 1.17 per share, representing a discount of approximately 19.31% from the closing price on September 19, 2025 [1] Summary by Categories Placement Details - The company has agreed to issue a total of 279.5 million shares, which will account for approximately 16.1% of the enlarged total H-shares and about 15.4% of the enlarged total shares [1] - The estimated total proceeds from the placement are approximately HKD 327 million, with net proceeds expected to be around HKD 325 million [1] Use of Proceeds - Approximately 61.5% of the net proceeds will be used to pay trade payables in the ordinary course of business [1] - About 30.8% will be allocated to repay bank loans [1] - The remaining 7.7% will be utilized for general working capital and administrative expenses [1]
百果园集团(02411.HK)：拟发行合共2.795亿股配售股份 净筹约3.25亿港元