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China Baoli Technologies prices private placement of 132,682,600 shares at HK$0.48 each
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China Baoli Technologies prices private placement of 132,682,600 shares at HK$0.48 each
  • China Baoli Technologies plans a private placement of 132,682,600 new shares at HK$ 0.48 each under a specific mandate.
  • Gross proceeds expected at about HK$ 63.82 million; net proceeds estimated at about HK$ 60.3 million.
  • New shares equal about 38% of current issued shares, or about 27.54% on an enlarged basis.
  • Proceeds earmarked mainly for Mongolia DGDB mining projects, with additional funding for working capital and convergence media development.
  • Transaction requires shareholder approval at a special general meeting, with completion targeted within five business days after conditions are met.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Baoli Technologies Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260830-12307423), on August 30, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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