Laopu Gold Co., Ltd. (6181) announced the successful completion of a placement of 3,711,800 new H shares on October 30, 2025, priced at HK$732.49 per share. The newly placed shares represent approximately 2.59% of the H shares in issue and 2.10% of the total share capital upon completion. Gross proceeds stood at approximately HK$2,718.86 million, with net proceeds of about HK$2,706.76 million.

The net proceeds are allocated primarily toward inventory reserves, expansion of boutique networks, and replenishment of working capital. Following the placing, the total number of outstanding shares increased to 176,388,500 from 172,676,700, and corresponding amendments were made to the Articles of Association to reflect the updated registered capital and total share capital.

The placement did not result in any party becoming a substantial shareholder, and the controlling shareholding group remains unchanged. The company noted that the shareholding structure was adjusted accordingly to reflect the newly issued shares.