Core Viewpoint - The company, Jixing New Energy (03395), has entered into a conditional subscription agreement to issue 11.16 million shares at a subscription price of HKD 0.31 per share, representing a discount of approximately 7.46% from the closing price on October 10, 2025 [1] Group 1: Subscription Details - The subscription shares account for approximately 1.81% of the enlarged issued share capital of the company [1] - The total proceeds from the subscription are expected to be around CAD 620,000, equivalent to approximately HKD 3.46 million [1] - After deducting related expenses, the net proceeds from the subscription are estimated to be about CAD 601,600, or approximately HKD 3.36 million [1] Group 2: Use of Proceeds - The net proceeds from the subscription will be used for general working capital [1] - The board believes that completing the subscription will provide a good opportunity for the company to raise surplus capital and strengthen its financial position [1] - The board also believes that the subscription will allow the company to acquire additional funds at a reasonable cost to support existing operations and further expand current and potential business and investment opportunities [1]
吉星新能源(03395)拟折让约7.46%发行1116.16万股认购股份 净筹约335.76万港元