Core Viewpoint - JunDa Co., Ltd. (02865) experienced a significant stock price increase, rising over 18% initially and currently up 16.64% to HKD 43.04, with a trading volume of HKD 434 million [1] Group 1: Share Placement Details - The share placement was completed on February 2, 2026, with all conditions of the placement agreement met [1] - The company placed a total of 18.682 million new H-shares at a price of HKD 22.00 per share [1] - The net proceeds from the placement are expected to be approximately HKD 398 million [1] Group 2: Use of Proceeds - 45% of the proceeds will be allocated to the research and production of space photovoltaic battery-related products [1] - 45% will be used for equity investments and collaborations in the commercial aerospace sector [1] - 10% will be reserved to supplement working capital [1]