The Zhitong Finance App learned that Boleyton (01333) rose nearly 3% in the afternoon. As of press release, it had risen 2.93% to HK$16.87, with a turnover of HK$13.9595 million.
According to the news, on November 2, Boleyton issued an announcement. The company recently received the company's shareholders Suzhou Zhongding No. 5 Equity Investment Fund Partnership (limited partnership), Suzhou Zhongding No. 5 Qinglan Equity Investment Fund Partnership (limited partnership), Guangzhou Naibixin Phase I Venture Capital Fund Partnership (limited partnership), Huzhou Qingyun Xinzheng Equity Investment Partnership (limited partnership), Fujian Diquan Equity Investment Partnership (Limited Partnership), Jiaxing Diquan Equity Investment Partnership (Limited Partnership), and Zibo Shares Win Investment partnerships (limited partnerships) (collectively, “such Letter of commitment (“Shareholder”) (Prohibition of Sale Promise). According to the anti-sale promise, until February 28, 2027 (including that date), these shareholders will not directly or indirectly reduce their holdings of a total of 58.9097 million H shares of the Company in any way.
Recently, Boleyton announced that it has completed the placement of 183.16,200 shares, with a net raise of approximately HK$199 million. According to the announcement, the company plans to use: about 60% of the net proceeds from the placement for investment and development of overseas photovoltaic and energy storage projects, which is expected to be fully used by the end of 2027; (Approximately 20% of the net proceeds from the placement will be used to repay the Group's interest-bearing loans, which are expected to be fully used before the end of 2026; and about 20% of the net proceeds from the placement will be used for working capital and general corporate purposes, and it is expected that all of the proceeds from the placement will be used by the end of 2027.