Core Viewpoint - The company, 越疆 (02432.HK), has announced a placement agreement with UBS to issue 16.66 million new H-shares at a price of HKD 46.80 per share, representing a discount of approximately 10.3% from the last trading price of HKD 52.20 [4][5]. Group 1: Placement Details - The placement shares account for about 3.94% of the company's existing share capital and approximately 3.79% of the enlarged share capital post-placement [4]. - The total estimated fundraising amount is approximately HKD 779.7 million, with a net amount of about HKD 771 million [5]. - The proceeds will be allocated as follows: 40% for advancing technology research and product innovation in smart robotics, 20% for seeking investment, acquisition, and strategic alliance opportunities in the robotics value chain and adjacent fields, 20% for strengthening domestic and international sales channels, and 20% for general working capital and corporate purposes [5]. Group 2: Company Financials and Market Performance - 越疆 was listed on the Hong Kong Stock Exchange on December 23, 2024, with an IPO fundraising of approximately HKD 831 million [6]. - The company conducted a placement financing on July 22, 2025, raising about HKD 1.037 billion [7]. - As of November 5, 2025, the company's share price has increased by 177.66% from the IPO price of HKD 18.80, with a total market capitalization of approximately HKD 22.096 billion [7].
越疆(02432)香港上市不到一年，第二次再融资，拟募资7.8亿 | 港股再融资