Core Viewpoint - Zhonglian Development Holdings (00264) has successfully completed a placement of 15 million shares at a price of HKD 1.75 per share, raising approximately HKD 25.55 million for general operational funding and enhancing the group's financial position [1] Summary by Categories Placement Details - The placement agreement conditions have been fully met, and the placement was completed on October 27, 2025 [1] - A total of 15 million shares were successfully placed to no fewer than six subscribers [1] Use of Proceeds - The net proceeds of approximately HKD 25.55 million will be allocated as follows: - Approximately HKD 6.06 million for purchasing materials, equipment, and costs related to leather manufacturing and clean services for leather and automotive engines [1] - Approximately HKD 13.69 million for general operational funding, including rent, employee costs, professional fees, and other administrative and operational expenses [1] - Approximately HKD 2.94 million for settling outstanding payables [1] - The remaining approximately HKD 2.86 million will be used for new business development opportunities, including but not limited to Web3 technology applications [1]
中联发展控股(00264)完成配售1500万股 净筹约2555万港元