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According to the Zhitong Finance App, Jin Jing Xinneng (01783.HK) announced that it will enter into a placement and a new subscription agreement after the trading session on August 10, 2026, and that the wholly-owned subsidiary will simultaneously issue RMB 472 million, settled in US dollars, with an annual interest rate of 5.00% per annum, and a guaranteed convertible bond due in 2027. The total proceeds from the two transactions are expected to be approximately HK$1,098 million, and the net amount is estimated to be approximately HK$1,078 million. The proceeds will be used to support the company's previously announced acquisition of a Chinese cloud computing and data center service provider, and to supplement the operating and development capital of the business.
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According to the Zhitong Finance App, Jin Jing Xinneng (01783.HK) announced that it will enter into a placement and a new subscription agreement after the trading session on August 10, 2026, and that the wholly-owned subsidiary will simultaneously issue RMB 472 million, settled in US dollars, with an annual interest rate of 5.00% per annum, and a guaranteed convertible bond due in 2027. The total proceeds from the two transactions are expected to be approximately HK$1,098 million, and the net amount is estimated to be approximately HK$1,078 million. The proceeds will be used to support the company's previously announced acquisition of a Chinese cloud computing and data center service provider, and to supplement the operating and development capital of the business.
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