TJCD (02515) has announced the completion of its share placement on March 9, 2026. A total of 43.16 million new shares were successfully placed to no fewer than six placees at an issue price of HK$0.68 per share. The net placement price, after deducting fees, costs, and expenses, is estimated to be approximately HK$0.68 per share. The number of placement shares represents about 16.67% of the company's enlarged issued share capital following the placement. The gross proceeds from the placement amount to approximately HK$29.3 million, while the net proceeds, after deducting commissions and estimated expenses, total approximately HK$29.2 million. The board plans to allocate the net proceeds as follows: approximately 34.3% will be used to establish a new company for building a machinery leasing platform; approximately 31.5% will be allocated for general working capital purposes; and approximately 34.2% will be reserved for seizing future investment opportunities. Considering the company's current cash requirements for daily operations and the scale of cash needed for investments, the company reasonably expects to utilize the net proceeds from the placement within the next three months.