Yufengchang Holdings (08631) plans to sell up to 8 million shares with a net fundraising of approximately HK$2.8 million.

YUFENGCHANG HLD(08631) announced that on January 16, 2026 (after the trading session on the Stock Exchange of Hong Kong), the company entered into a placing agreement with placement agents. It plans to issue a maximum of 8 million shares at a price of HK$0.39 per share to at least six placees, raising a maximum of approximately HK$2.8 million. The funds raised will be used to settle unpaid expenses to professional service providers and other outstanding expenses, as well as for general operational purposes of the group.