Jiayuan Services Holdings Limited announced a conditional placing agreement signed on 15 April 2026 with Bosco Securities Limited for the issuance of up to 60.50 million new shares at HK$0.25 each. The transaction will be executed on a best-effort basis to independent professional or institutional investors under the company’s existing general mandate.
The placing price represents (1) a 5.66% discount to the 15 April 2026 closing price of HK$0.265 and (2) a 13.80% discount to the five-day average of HK$0.29. The new shares equal 9.89% of current issued capital and 9.00% of the enlarged share base, lifting total shares outstanding from 611.71 million to 672.21 million if fully placed.
Gross proceeds are expected at HK$15.13 million. After estimated expenses of HK$0.55 million—including a 1.80% placing commission capped at HK$0.27 million—net proceeds of approximately HK$14.60 million will be directed to general working capital, covering rental payments, staff costs, professional fees, other administrative expenses, and settlement of outstanding payables.
The placement is subject to customary conditions, including Stock Exchange listing approval. Completion will occur within three business days after all conditions are met. The agreement allows the placing agent to terminate under specified adverse events.
Post-placement, controlling shareholder Valuable Capital Limited’s stake will fall from 73.56% to 66.94%, while public float increases through the new investors’ 9.00% holding. The company has not conducted any equity fundraising in the past 12 months. Jiayuan Services provides property management and related value-added services in mainland China.