According to the Zhitong Finance App, Yu Zhinong (00875.HK) announced that on August 17, 2026 (after the trading period on the Stock Exchange), the Company entered into a placement agreement with the placement agent. According to this, the Company has agreed to place a maximum of 140 million shares to no less than six undertakers (they and their ultimate beneficial owners must be independent third parties) at the placement price of HK$0.24 per share at the placement price according to the best effort criteria. Placed shares will be allocated and issued in accordance with a general mandate granted to the directors at the annual general meeting of shareholders. Shareholders' approval is not required for allotment and issuance of shares for sale.

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