According to the Zhitong Finance App, Shengli Securities (08540) issued an announcement. All conditions of the placement agreement have been met, and the placement matters have been completed on October 23, 2026. A total of 10.582 million placed shares have been allocated and issued to no less than six undertakers in accordance with the terms and conditions of the placement agreement and at a placement price of HK$4.25 per share, which is equivalent to approximately 4.73% of the company's issued share capital which was expanded through the allocation and issuance of the placed shares immediately after completion.
The net proceeds from placement transactions (after deducting related expenses) are approximately HK$4.37 million, of which (i) approximately HK$1.58 million (accounting for 35% of net proceeds from placement) will be used to expand the regional market (in particular to obtain different licenses in different jurisdictions (such as the United Arab Emirates and other jurisdictions across Asia); (ii) approximately HK$12.92 million (accounting for 30% of net proceeds from placement) will be used to expand the capital allocation of margin loans to meet growing customer demand; (iii) approximately HK$7.75 million (accounting for 35% of net proceeds from placement matters) Xiang Jing (18%) will be used to invest in IT infrastructure, not limited to adopting and developing the most advanced AI-driven tools and upgrading cybersecurity systems; and (iv) approximately HK$7.32 million (accounting for 17% of net proceeds from placement) will be used to make selective strategic investments to align commercial goals and access relevant technology and markets.