The share placement has been successfully completed on January 20, 2026, in accordance with the terms of the placing and subscription agreement. The placing agent successfully placed an aggregate of 299.25 million placing shares to no fewer than six placees on a best-efforts basis, at a placing price of HK$3.92 per share. Following the satisfaction of all conditions for the top-up subscription, the company allotted and issued 299.25 million new shares to the seller on January 26, 2026, also at HK$3.92 per share. The net proceeds raised were approximately HK$1.158 billion. After the completion of the placing, the top-up subscription, and the special mandate subscription, the total estimated net proceeds are expected to be around HK$2.33 billion. Approximately 35% of the funds will be allocated to advanced technology enablement and digital transformation to enhance operational efficiency. About 55% is designated for repaying interest-bearing debt to optimize the capital structure and provide flexibility for potential acquisitions or investment opportunities. The remaining 10% will be used to supplement working capital and for general corporate purposes.