Core Viewpoint - The company has successfully completed a placement of 56.286 million shares, raising approximately HKD 600.01 million, with net proceeds of about HKD 592.87 million allocated for innovation and international expansion [1] Summary by Categories Placement Details - The placement involved 56.286 million shares, representing approximately 5.58% of the company's issued share capital before the placement and about 5.29% after the placement [1] - The shares were successfully placed at a price of HKD 10.66 per share to no fewer than six subscribers [1] Use of Proceeds - The net proceeds are intended for several purposes: - Approximately 40% will be allocated to the development of innovative technologies such as AI Agents and to empower the company's expansion in e-commerce and robotics [1] - The remaining proceeds will be used for international expansion and strategic investments to build a global supply chain service network [1] - The rest will be allocated for general working capital purposes [1]

Group 1 - The company has signed an agreement with a placement agent to facilitate the subscription of up to 56.286 million shares at a price of HKD 10.66 per share [1] - The placement price represents a discount of approximately 5.08% compared to the closing price of HKD 11.23 on September 2, 2025 [1] - If the maximum number of shares is placed, the total proceeds are expected to be HKD 600 million, with a net amount of approximately HKD 593 million [1] Group 2 - The funds raised will be used for the development of innovative technologies such as AI Agent, international expansion, strategic investments, and general working capital [1]

Core Viewpoint - The company, Shengye (06069), has entered into a placement agreement to issue up to 56.286 million shares at a price of HKD 10.66 per share, representing a discount of approximately 5.08% from the last closing price of HKD 11.23 on September 2, 2025 [1] Group 1 - The total amount raised from the placement, assuming the maximum number of shares is issued, will be approximately HKD 600 million, with net proceeds expected to be around HKD 593 million [1] - The funds raised will be allocated for the development of innovative technologies such as AI Agents, international expansion, strategic investments, and general working capital [1]