DUFU LIQUOR GP (00986) plans to allocate up to 25.8941 million shares, raising approximately 6.5 million Hong Kong dollars.

DUFU LIQUOR GP (00986) announced that on September 3, 2026 (after trading hours), the company entered into a placing agreement with the placing agent, under which the company conditionally agreed to place up to 25,894,100 placing shares at a placing price of HKD 0.260 per placing share to no less than six placees, who are third parties independent of the company and its connected persons, institutions, or other professional investors. The placing shares will be issued under the general mandate. Assuming there is no change in the issued share capital of the company from the date of this announcement to the completion date of the placing, the maximum number of placing shares under the placing matters, 25,894,100 shares, represents approximately 20% of the companys issued share capital as of the date of this announcement; and the company's issued share capital expanded by the full issuance of placing shares represents approximately 16.67%. The placing price of HKD 0.260 per placing share is the same as the closing price per share reported on the Stock Exchange on the date of the placing agreement (i.e., no discount or premium). Assuming all placing shares are fully placed, the total gross proceeds and the net proceeds from the placing (after deducting placing commission and other related expenses and professional fees) are estimated to be approximately HKD 6.7 million and approximately HKD 6.5 million, respectively. The company intends to use the net proceeds from the placing for the groups general working capital, including but not limited to settling the groups operating costs, employee costs, rental expenses, and professional fees.