Fujikon Industrial Holdings Limited (stock code: 927) disclosed that on 16 January 2026, it entered into a placing agreement with DL Securities (HK) Limited for a best-effort placing of up to 85,166,000 new shares at HK$0.54 per share. The placing price represents discounts of roughly 15.63% and 15.09% to the closing price on the agreement date and the recent five-day average, respectively.

The proposed new shares constitute approximately 20.00% of Fujikon’s existing issued share capital and 16.67% on an enlarged basis. Under the plan, the company expects to raise maximum gross proceeds of about HK$45.99 million and net proceeds of approximately HK$44.19 million after deductions. Subject to completion, around 45% of the net proceeds are intended for the group’s headsets and headphones business expansion, 35% for accessories and components development, and 20% for general working capital.

The placing is being carried out under the general mandate granted at Fujikon’s 2025 annual general meeting. Completion depends on conditions in the agreement; no assurance is given that it will take place. Shareholders and potential investors are advised to proceed with caution.