Shengye (06069.HK) plans to offer a discount of approximately 5.08% for the rights issue, raising up to approximately HK$593 million.

The Information of Wisdom Financial News APP, Seng Ye (06069.HK) announced that on September 3, 2025 (before the trading session), the company entered into a placing agreement with the placing agent. According to this agreement, the company has appointed the placing agent to use their best efforts to promote at least 6 underwriters to subscribe for up to 56.286 million shares of placing shares at a price of HK$10.66 per share. The placing price represents a discount of approximately 5.08% to the closing price of HK$11.23 per share reported by the Stock Exchange on September 2, 2025 (i.e. the last trading day).