Core Viewpoint - Yimei International Holdings (01870) has successfully completed a placement of 30 million shares, representing approximately 3.04% of the company's issued share capital prior to the placement, at a price of HKD 0.55 per share, raising a total of HKD 16.5 million [1] Group 1: Placement Details - The placement was completed on December 19, 2025, with all conditions of the placement agreement met [1] - The net proceeds from the placement, after deducting related costs, are approximately HKD 16.1 million [1] - The placement involved at least six independent subscribers [1] Group 2: Use of Proceeds - Approximately HKD 6.4 million, or 40% of the net proceeds, will be used to develop power trading business and other potential green power energy projects in China [1] - Approximately HKD 9.7 million, or about 60% of the net proceeds, will be allocated for general working capital, including professional fees, employee salaries, office rent, utilities, and other expenses [1]

Group 1 - The company, Yimei International Holdings (01870), has completed a placement agreement, fulfilling all conditions, with the placement of 30 million shares, representing approximately 3.04% of the company's issued share capital prior to the placement [1] - The placement shares were successfully issued at a price of HKD 0.55 per share, with a total gross proceeds of HKD 16.5 million, and a net proceeds of approximately HKD 16.1 million after deducting related costs [1] - The board plans to utilize the net proceeds from the placement, with approximately HKD 6.4 million (40%) allocated for the development of power trading business and other potential green power energy projects in China, and about HKD 9.7 million (60%) for general working capital [1]