Xin Lang Cai Jing·2025-12-15 23:28Group 1 - The core announcement is that Yihuatong (stock code: 2402) plans to raise approximately HKD 200 million through the placement of 8,880,000 new H-shares, with net proceeds expected to be around HKD 200 million after expenses [1] - The placement price of HKD 22.68 represents a discount of about 15.0% compared to the closing price of HKD 26.68 on the previous trading day, and a discount of approximately 16.3% compared to the average closing price over the last five trading days [1] - The newly issued shares will account for approximately 3.8% of the existing issued share capital and about 3.7% of the enlarged share capital after completion [1] Group 2 - Yihuatong is a high-tech enterprise focused on the research, production, and industrial application of hydrogen fuel cell engine systems and core components, primarily targeting the hydrogen energy transportation sector [1] - The funds raised will be allocated with approximately HKD 180 million for repaying bank loans and around HKD 20 million for general working capital [1] - The issuance is conducted under a general authorization granted by the shareholders' meeting [1]