According to Zhitong Finance App News, Ruihe Shuzhi (03680) announced that after the trading period on July 30, 2026, the Company entered into a placement agreement with the placement agent. According to this, the Company conditionally agreed to appoint a placement agent to place up to 449.601 million shares of placement shares to no less than six undertakers according to the best effort criteria, and such undertakers and their ultimate beneficial owners are all independent third parties. The price of each placed share is HK$2.030.

The maximum number of shares to be placed is equivalent to approximately 5.00% of the Company's current issued share capital as of the date of this announcement; and approximately 4.76% of the Company's issued share capital after the expanded issuance of placed shares.

The placement price of each placed share was HK$2.030, a discount of approximately 10.96% compared to the closing price of HK$2.280 per share reported on the Stock Exchange on the last trading day.

Assuming that all of the shares placed were placed, the total amount of proceeds from the placement was approximately HK$91.27 million, and the net proceeds from the placement were approximately HK$90.76 million (after deducting placement fees and other related expenses). The net amount is expected to be used as follows: 75% to repay the Group's loans; 15% to support the Group's business operations; and the remaining 10% to be used for strategic investments.

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