YeeSung Technology (02550) plans to issue about 14.7% of discount on the pre-emptive rights, raising a net amount of approximately 338 million Hong Kong dollars.

The intelligent financial news APP reported that Yisou Technology (02550) announced on July 24, 2025, that the company, the seller (Growth Value LTD., the controlling shareholder of the company) and the placing agent entered into a placing and subscription agreement. According to the terms of the placing and subscription agreement and subject to its conditions, the seller intends to sell 65.787 million placing shares at a placing price of HK$5.26, representing a discount of approximately 14.7% from the closing market price of HK$6.17 per share on the last trading day on the HKEX. The company intends to issue 65.787 million subscription shares to the seller at HK$5.26 per share.