Core Viewpoint - Yimei International Holdings (01870) has announced a joint development agreement with Gainza Energy Corporation (GEC) to develop a 40 megawatt-hour solar power project in the Philippines, reflecting the company's commitment to expanding its green energy business in Southeast Asia [1] Group 1: Joint Development Agreement - The agreement involves the establishment of a joint venture or special purpose entity for the solar power project in Buhi, Camarines Sur, Philippines [1] - Prior to the agreement, GEC submitted a letter of intent to the Philippine Department of Energy for a solar operating contract related to the project [1] Group 2: Strategic Goals - The board believes that the joint development agreement demonstrates the ongoing collaboration and commitment between the parties in the green energy sector [1] - The initiative aligns with the company's commercial objectives to expand its green energy business in Southeast Asia and reflects its vision to become a major green energy producer in the region [1]

Core Viewpoint - Yimei International Holdings (01870) has announced a placement agreement to issue up to 50 million shares at a price of HKD 0.238 per share, representing a 15% discount to the closing price of HKD 0.28 on August 28, 2025, to raise additional resources for expanding its green energy business [1] Group 1: Placement Details - The placement will involve at least six independent third-party subscribers [1] - The shares to be placed represent approximately 5.06% of the enlarged issued share capital [1] - The placement price is set at HKD 0.238 per share, which is a 15% discount compared to the closing price on the announcement date [1] Group 2: Financial Implications - The board believes that the placement will strengthen the company's financial position and expand its shareholder base [1] - The funds raised will provide working capital to fulfill the company's financial obligations without incurring interest burdens [1] - The placement is considered to be a quicker and lower-cost fundraising method compared to other financing options [1]