Shenzhen New Land Tool Planning & Architectural Design Development (00456) intends to privately place approximately 12.24% of the total issued shares, totaling 27.649 million shares, with a net fundraising of approximately HK$100.13 million.

Shenzhen New Land Tool Planning & Architectural Design Development (00456) announcement, on May 4, 2026, the Company entered into a subscription agreement with subscribers. According to this agreement, the Company agrees to issue (pursuant to general authorization) and the subscribers agree to subscribe for a total of 27.649 million shares of subscription shares at a subscription price of HK$0.373 per share. In accordance with the terms of the subscription agreement, the subscribers have conditionally agreed to subscribe, and the Company has conditionally agreed to allot and issue 27.649 million shares of subscription shares at a price of HK$0.373 per share, representing approximately 14.82% of the Company's existing issued share capital as of the announcement date and approximately 12.91% of the Company's enlarged issued share capital after the allotment and issue of the subscription shares. The subscription price of HK$0.373 per share represents a discount of approximately 12.24% to the closing market price of HK$0.425 per share of the shares on the last trading day on the Stock Exchange. The total proceeds from the issuance of subscription shares will be HK$103.131 million. After deducting the relevant expenses payable by the Company, the net proceeds from the subscription will be approximately HK$100.13 million, and the net price per share of the subscription shares will be approximately HK$0.362. The directors propose to use the net proceeds for the general working capital of the Group.