Zhi Tong Cai Jing·2025-12-23 10:45Core Viewpoint - Yihua Tong (02402) has successfully completed a placement agreement, raising approximately HKD 201 million, with net proceeds of about HKD 198 million, primarily aimed at repaying bank loans and supporting general working capital [1] Group 1: Placement Agreement Details - All conditions of the placement agreement have been met, and completion occurred on December 23, 2025 [1] - The placement agent successfully placed a total of 8.88 million shares at a price of HKD 22.68 per share, representing approximately 3.83% of the company's total issued share capital prior to completion and about 3.69% after completion [1] Group 2: Financial Implications - The gross proceeds from the placement amount to approximately HKD 201 million, while the net proceeds are around HKD 198 million, equating to a net issue price of about HKD 22.27 per share [1] - Approximately HKD 178 million of the proceeds is expected to be used for repaying bank loans, and around HKD 19 million will be allocated for general working capital [1]