Cyberport (00139) completed the placement of 205 million shares, raising approximately HK$50 million.

Xiaoyu Yingtong (00139) announced that the placement has been completed on October 17, 2025, and all 205 million shares of placement shares have been allocated and issued to no less than six subscribing parties in accordance with the terms of the placement agreement. In terms of the purpose of the funds raised and the financial needs of the group, the group plans to use approximately HK$110 million of the net proceeds from the placement for debt repayment, approximately HK$110 million for general working capital of its securities trading business, and the remaining approximately HK$280 million for general working capital of its lending business. The company plans to utilize the entire net proceeds from the placement within twelve months after completion.