RUIHE DATA (03680) plans to privately place up to 158 million shares with a net fundraising of approximately 1.23 billion Hong Kong dollars.

RUIHE DATA (03680) announced that on January 23, 2026, the company proposes to issue up to 158 million shares for sale through placement agents to no less than six placing agents, at a price of HK$0.783 per share, representing a discount of approximately 13.96% to the closing price of HK$0.910 per share on the last trading day on the Hong Kong Stock Exchange. If all the shares under the placement agreement are fully allocated, the net proceeds from the placement are expected to be approximately HK$1.23 billion, with 70% to be used for repayment of group borrowings and general working capital of the company, and 30% to be used for strategic investments (excluding direct or indirect investments in cryptocurrencies or cryptocurrency-based assets).