According to the Zhitong Finance App, Jiayi Holdings (01025) issued an announcement. All conditions set out in the placement agreement have been met, and the placement matters have been completed on August 18, 2026. A total of 43 million placed shares have been successfully placed to no less than six undertakers at the placement price of HK$0.20 per share. These placed shares are equivalent to approximately 10.634% of the company's issued share capital immediately prior to completion, and approximately 9.612% of the company's issued share capital expanded through allotment and issuance of placement shares. The total proceeds from the placement will be approximately HK$8.6 million. The net proceeds from the placement are estimated to be approximately HK$8.24 million. The Company intends to use all net proceeds from the placement as the Group's general working capital, including but not limited to the payment of the Group's operating costs, employee costs, rent expenses, professional expenses and other general administrative expenses.

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