China Baoli Technology (00164) plans to issue approximately 133 million subscription shares at a premium of about 4.57%, raising approximately HKD 60.3 million.

20:04 30/08/2026

China Baoli Technology (00164) announced that on August 28, 2026, the company intends to issue approximately 133 million subscription shares to twenty subscribers, with each subscription share priced at HKD 0.481, representing a premium of about 4.57% over the closing price of HKD 0.46 per share on August 28, 2026. The net proceeds from the subscription are estimated to be approximately HKD 60.3 million, with around HKD 17 million allocated for general operating funds of the headquarters; approximately HKD 3 million for the development of the group's integrated media business; and HKD 40.3 million for the dry grinding and dry selection business of the Mongolian mining project (covering iron ore and coal processing activities).

CHINA BAOLI TEC (00164) announced that on August 28, 2026, the company plans to issue approximately 133 million subscription shares to twenty subscribers, with each subscription share priced at HKD 0.481, representing a premium of about 4.57% compared to the closing price of HKD 0.46 per share on August 28, 2026. The net proceeds from the subscription are approximately HKD 60.3 million, of which about HKD 17 million will be used for general operating funds of the head office; about HKD 3 million will be allocated for the development of the group's integrated media business; and HKD 40.3 million will be directed towards the dry milling and dry selection operations of the Mongolian mining project, which includes iron ore and coal processing activities.

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