Group 1 - The company, Ocean Park Corporation, has completed the subscription agreement as of October 17, 2025, with all preconditions met, issuing 5.1 billion shares at a subscription price of HKD 0.45 per share, which represents approximately 62.85% of the existing issued share capital before completion and about 38.60% after completion [1] - After the completion of the subscription, Yu Faxiang will control 65.3% of the equity in Xiangyuan, which indirectly wholly owns the subscriber, holding 5.1 billion shares, accounting for 38.6% of the total issued shares [1] Group 2 - The net proceeds from the subscription are expected to be approximately HKD 2.284 billion, allocated as follows: about 20% (approximately HKD 456.8 million) for daily operations and working capital; about 40% (approximately HKD 913.6 million) for core business development, including theme park operations; and about 40% (approximately HKD 913.6 million) for repaying part of the existing debt, with 30% (approximately HKD 685.2 million) for bank and financial institution principal and interest repayment, and 10% (approximately HKD 228.4 million) for settling supplier payments and project-related debts [2] - Following the completion, several board members have resigned, including Qu Naijie as executive director, CEO, and chairman, with new appointments including Yu Faxiang as CEO and chairman, effective from October 17, 2025 [2]
海昌海洋公园(02255.HK)完成配股净筹约22.84亿港元 俞发祥出任行政总裁兼董事会主席