EV Dynamics (00476) plans to offer a discount of approximately 14.29% for the rights issue, raising a maximum net amount of approximately HK$20 million.

EV DYNAMICS (00476) announced on November 10, 2025, that the company has entered into a placing agreement with placement agents. The company plans to place a maximum of 26 million shares to not less than six placees at a price of HK$0.78 per share, representing a discount of approximately 14.29% from the closing price of HK$0.910 per share on the date of the placing agreement. The net proceeds from the placement are expected to be approximately HK$20 million, with around 75% allocated to the development and expansion of the group's new energy business, especially in electric commercial solutions, and approximately 25% for general working capital of the group.