Core Viewpoint - The company, Youran Dairy (09858), is engaging in a share placement and subscription agreement, with a share price set at HKD 3.92, which represents an approximate 8.84% discount from the last trading price of HKD 4.30 [1][2]. Group 1: Share Placement and Subscription Details - On January 16, 2026, the company entered into a placement and subscription agreement, where the seller will sell shares and the placement agent will facilitate the sale to at least six subscribers at a price of HKD 3.92 per share [1]. - The company will issue new shares equivalent to the number of shares sold under the placement agreement at the same price of HKD 3.92 per share [1]. - The estimated net proceeds from the subscription are expected to be approximately HKD 11.72 billion [2]. Group 2: Share Capital Impact - The placement shares will represent about 7.14% of the company's enlarged issued share capital after the completion of the subscription [2]. - The total issued share capital after the placement and subscription will be approximately 6.66% larger than before [2]. - The number of shares to be subscribed under the special authorization agreement is 299 million, which will also represent about 7.14% of the enlarged issued share capital [2].

康龙化成在香港交易所公告称，同意以每股22.82港元的价格配售约5800万股新H股。配售价格较周三收 盘价折让约8.5%。配售股份占扩大后已发行股份总数的3.19%。公司将通过此次配售筹资约13.3亿港 元，所得款项将用于项目建设、营运资金、偿还银行贷款及其他借款。高盛和汇丰是联席全球协调人。 ...

Group 1 - The company, Kanglong Chemical (300759.SZ), plans to issue new H-shares based on the authorization granted by the shareholders' meeting for the board to increase the issuance of H-shares [1] - On January 14, 2026, the company signed a placement agreement with Goldman Sachs (Asia) LLC and HSBC Hong Kong, appointing them as placement agents [1] - The company intends to issue 58,440,762 new H-shares at a subscription price of HKD 22.82 per share according to the terms of the placement agreement [1]

假设所有配售股份获全数认购，配售所得款项总额预期约为13.34亿港元。配售所得款项净额预期约为 13.19亿港元(每股配售股份的净价将约为22.56港元)，并将按以下方式动用：约70%将用于公司的项目建 设，以加强公司实验室服务设施、药物工艺开发及生产设施的能力及产能;约10%将用于偿还银行贷款 及其他借款，以优化公司的资本结构;及约20%将用于补充营运资金及作其他一般公司用途。 智通财经APP讯，康龙化成(03759)发布公告，于2026年1月14日，公司与配售代理订立配售协议，各配 售代理各自同意(而非共同，亦非共同及个别)出任公司代理，并尽力促使承配人按配售协议所载的条款 及条件，以每股配售股份的配售价格认购总计5844.08万股新H股。配售股份数目占紧接完成后经发行配 售股份扩大后的已发行H股总数及已发行股份总数分别约16.57%和3.19%。配售价每股配售股份港币 22.82元较2026年1月14日香港联交所所报收市价每股H股港币24.94元折价约8.50%。 ...

康龙化成（300759）(03759)发布公告，于2026年1月14日，公司与配售代理订立配售协议，各配售代理 各自同意(而非共同，亦非共同及个别)出任公司代理，并尽力促使承配人按配售协议所载的条款及条 件，以每股配售股份的配售价格认购总计5844.08万股新H股。配售股份数目占紧接完成后经发行配售股 份扩大后的已发行H股总数及已发行股份总数分别约16.57%和3.19%。配售价每股配售股份港币22.82元 较2026年1月14日香港联交所所报收市价每股H股港币24.94元折价约8.50%。 假设所有配售股份获全数认购，配售所得款项总额预期约为13.34亿港元。配售所得款项净额预期约为 13.19亿港元(每股配售股份的净价将约为22.56港元)，并将按以下方式动用：约70%将用于公司的项目建 设，以加强公司实验室服务设施、药物工艺开发及生产设施的能力及产能;约10%将用于偿还银行贷款 及其他借款，以优化公司的资本结构;及约20%将用于补充营运资金及作其他一般公司用途。 ...

Group 1 - The core point of the news is that 恒昌集团国际 (Hengchang Group International) is engaging in a share placement to raise funds for general operational purposes, with a significant discount on the share price [3] - On January 8, 2026, shareholders transferred shares worth HKD 5.9576 million from 日发证券 (Rifa Securities) to 中国银河证券 (China Galaxy Securities), representing 8.12% of the total shares [2] - The company has entered into a placement agreement to issue up to 33.365 million shares at a price of HKD 0.34 per share, which is approximately 19.05% lower than the market price of HKD 0.42 at the time of the agreement [3] Group 2 - If all placement shares are successfully placed, the total proceeds from the placement are expected to be around HKD 11.34 million, with a net amount of approximately HKD 10.54 million [3] - The net issue price per share from the placement is estimated to be around HKD 0.32 [3] - The company plans to use the net proceeds from the placement entirely for general operational funding [3]

Group 1 - The core viewpoint of the article highlights the recent stock transfer of PACIFIC LEGEND (08547) from Ding Shi Securities to KGI Securities Asia, with a market value of HKD 2.0699 million, representing 5.65% of the total shares [1] - PACIFIC LEGEND announced that all conditions precedent in the placement agreement have been fulfilled, and the placement was completed on December 19, 2025 [1] - The placement agent successfully placed a total of 98.52 million shares at a price of HKD 0.118 per share to no fewer than six subscribers under the terms and conditions of the placement agreement [1]

Group 1 - The core point of the article is that Gao Shan Enterprises (00616) is planning to issue a maximum of 20 million shares at a price of HKD 0.30 per share, which represents a discount of approximately 10.45% compared to the closing price of HKD 0.335 on December 9 [1] - The share placement will result in an increase of approximately 1.19% in the company's issued share capital after the placement [1] - The net proceeds from the share placement are expected to be approximately HKD 0.297 per share, which will be used for the company's general working capital [1] Group 2 - As of December 18, shareholders of Gao Shan Enterprises have deposited shares worth HKD 95.8125 million into KGI Securities Asia, representing 15.58% of the total shares [1]

Group 1 - The core viewpoint of the article highlights the recent stock transfer of Gaodi Holdings (01676) from KGI Securities Asia to Futu Securities International Hong Kong, with a market value of HKD 8.757 million, representing 6.34% of the total shares [1] - On December 9, Gaodi Holdings announced a proposed placement of up to 43.849 million shares, which would account for approximately 16.67% of the enlarged issued share capital after the placement [1] - The placement price is set at HKD 0.52 per share, reflecting a discount of about 14.75% compared to the closing price of HKD 0.61 on December 9 [1] Group 2 - If all placement shares are fully subscribed, the estimated net proceeds from the placement are approximately HKD 22.39 million [1] - The board plans to allocate the net proceeds as follows: about 50% for the existing food business, approximately 30% for the existing catering business, and 20% for general working capital [1]

Group 1 - The company Yihua Tong (02402) announced a placement agreement with a placement agent to facilitate the subscription of up to 8.88 million new H-shares by at least six subscribers at a placement price of HKD 22.68 per share, representing a discount of approximately 14.99% from the closing price of HKD 26.68 on December 15, 2025 [1] - The placement shares represent about 3.83% of the company's total issued share capital as of the announcement date, and approximately 3.69% of the total issued share capital after the placement, assuming no changes in the issued share capital before completion [1] - The estimated total proceeds from the placement, after deducting related expenses, are expected to be approximately HKD 201 million, with a net amount of about HKD 198 million, resulting in a net issue price of approximately HKD 22.27 per placement share [1]