Group 1 - Jiangsu Guofu Hydrogen Energy Technology Equipment Co., Ltd. announced a placement of up to 1.73 million new H-shares at a price of HKD 54 per share, raising a total of HKD 93.47 million, with a net amount of HKD 90.99 million [3] - The placement shares represent approximately 2.13% of the enlarged issued H-shares and 1.62% of the total issued shares [3] - The placement price is about 17% lower than the closing price of HKD 65.1 on the previous Friday [3] Group 2 - The company plans to use the proceeds from the placement for investments and collaborations in hydrogen projects in China and overseas, including hydrogen production plants, refueling stations, and hydrogen liquefaction plants [3] - In the first half of the year, the company recorded revenue of HKD 109 million, a year-on-year decrease of 19.2% [3] - The company's loss narrowed from HKD 112 million in the same period last year to HKD 89.25 million [3] Group 3 - On the day following the announcement, the company's stock opened lower and was reported at HKD 64.4, down 1.08% by midday [3]