Core Viewpoint - Inspur Digital Technology (00596) experienced a stock price increase of over 5% in early trading, currently trading at 8.06 HKD, with a transaction volume of 17.86 million HKD [1] Group 1: Share Placement Announcement - On November 16, Inspur Digital announced a share placement agreement, with the placement agent agreeing to facilitate the subscription of up to 67.634 million shares at a price of 7.30 HKD per share [1] - The maximum number of shares to be placed represents approximately 5.87% of the company's existing issued share capital as of the announcement date [1] - The placement price of 7.30 HKD per share reflects a discount of about 6.77% compared to the last closing price of 7.83 HKD [1] Group 2: Use of Proceeds - The net proceeds from the placement will be allocated as follows: approximately 70% (around 342.70 million HKD) will be used to support long-term funding for R&D in artificial intelligence, cloud, and industrial software sectors [1] - Approximately 30% (around 146.87 million HKD) will be allocated to supplement the company's general working capital [1]

Core Viewpoint - Inspur Digital Technology (00596) announced a share placement agreement to issue up to 67.634 million shares at a price of HKD 7.30 per share, which represents a discount of approximately 6.77% from the last closing price of HKD 7.83 [1] Group 1: Share Placement Details - The share placement is expected to account for about 5.87% of the company's existing issued share capital as of the announcement date, and approximately 5.54% after the placement [1] - The net proceeds from the placement will be used for long-term funding needs, with approximately 70% (around HKD 342.70 million) allocated for research and development in artificial intelligence, cloud, and industrial software, and about 30% (approximately HKD 146.87 million) for general working capital [1] Group 2: Market Reaction - Following the announcement, Inspur Digital Technology's stock price increased by over 5% in early trading, and as of the report, it was up 2.94% at HKD 8.06, with a trading volume of HKD 17.86 million [1]