Zhi Tong Cai Jing·2025-11-07 02:34Core Viewpoint - The company 越疆 (02432) is experiencing a decline in stock price following the announcement of a new share placement at a discount, which aims to raise funds for various strategic initiatives [1] Group 1: Share Placement Details - 越疆 plans to place 16.66 million new H-shares at a price of HKD 46.80 per share, representing a 10.3% discount compared to the closing price of HKD 52.2 on November 5 [1] - The net proceeds from this placement are expected to be approximately HKD 771 million [1] Group 2: Allocation of Funds - 40% of the proceeds will be used to advance research and innovation in smart robotics [1] - 20% will be allocated for investments, acquisitions, and strategic alliances within the robotics value chain and adjacent sectors [1] - 20% will be utilized to strengthen domestic and international sales channels and enhance marketing efforts [1] - The remaining 20% will be used to supplement working capital and for general corporate purposes [1] Group 3: Strategic Partnerships - 越疆 has signed a deep strategic cooperation agreement with 蓝思科技 (300433) in Shenzhen [1] - Under this agreement, 蓝思科技 will purchase 1,000 embodied intelligent robots from 越疆 by 2025 [1] - Additionally, 越疆 has placed an order for 10,000 units of quadruped robotic dogs for assembly with 蓝思科技, which will also serve as a major supplier of components [1]