CHINA SANDI (00910) proposes placing shares at a discount of approximately 19.5% to raise a maximum net proceeds of approximately HK$6.7 million.

CHINA SANDI (00910) announced that on October 13, 2026, the company entered into a placing agreement with a placing agent to issue up to 5.088 million placing shares to no fewer than six placees through the placing agent, at HK$1.38 per placing share, representing a discount of approximately 19.5% to the closing price of HK$1.715 per share on October 13, 2026. The net proceeds from the placing of approximately HK$6.7 million are intended to be used as general working capital of the group, including but not limited to payment of professional fees, employee salaries, office rent, utilities and other expenses.