Core Viewpoint - Company YuBao Online (02429.HK) announced the completion of a placement of 157.5 million H-shares at a price of HKD 2.45 per share, raising approximately HKD 383 million for various strategic initiatives [1] Group 1: Share Placement Details - The placement shares represent about 16.64% of the enlarged issued H-shares and approximately 15.93% of the total issued shares [1] - The placement was made to no fewer than six institutional professional investors [1] Group 2: Use of Proceeds - 20% of the net proceeds will be used for developing intellectual property products [1] - 20% will be allocated for expanding offline sales channels [1] - 30% will be used for purchasing vending machines and other fixed assets [1] - The remaining 30% will be utilized as working capital [1] Group 3: Future Plans - The new vending machines will focus on selling "blind boxes," toys, and other intellectual property derivative products, equipped with enhanced security hardware and precise product identification systems [1] - The company plans to collaborate with various intellectual property holders over the next two years and deploy dedicated vending machines in high-traffic areas such as shopping malls, subway stations, and airports [1] - The company expects to fully utilize the proceeds from the placement by December 31, 2027 [1] - After the placement, the company's public float will remain above 25% [1]
友宝在线(02429.HK)完成配售1.57亿股 净筹约3.83亿港元