TJCD (02515) completed the placement of a total of 43.158 million new shares, raising approximately HK$29.2 million.

TJCD (02515) announces that the allocation has been completed on March 9, 2026. A total of 43.158 million new shares have been successfully allocated to no fewer than six underwriters at a price of HK$0.68 per share. The net allocation price (after deducting fees, costs, and expenses) is estimated to be approximately HK$0.68 per share. The number of allocated shares accounts for approximately 16.67% of the Company's shares (excluding treasury shares) after the allocation. The total amount raised from the allocation is approximately HK$293 million, while the net amount raised (after deducting commission and estimated expenses) is approximately HK$292 million. The Board plans to use: (i) approximately 34.3% of the net proceeds from the allocation to establish a new company for setting up a machinery leasing platform; (ii) approximately 31.5% of the net proceeds from the allocation for general working capital; and (iii) approximately 34.2% of the net proceeds from the allocation to seize future investment opportunities. Considering the current cash needs for the company's daily operations and the scale of cash required for investments, the Company reasonably expects to utilize the net proceeds from the allocation within the next 3 months.