Huafa Properties (600325.SH) has disclosed its plan for a private placement of A-shares to specific investors in 2026. The company intends to issue 713 million A-shares to Zhuhai Huafa Group Co., Ltd. at a price of 4.21 yuan per share. The total funds raised from this private placement of A-shares are expected not to exceed 3 billion yuan (inclusive). After deducting issuance costs, the net proceeds will be entirely allocated to the following projects: Phase II of the Zhuhai Huafa Urban Construction International Coastal Garden, the Shaoxing Financial Vitality City project, the Chengdu Yuetianfu project, the Hangzhou Wuyulinchen Court project, the Guanzhuyuan project in Phase III of Chengdu Jinchen Court, the Liuxiali project in Phase I of Chengdu Jinchen Court, the Tianhuali project in Phase II of Chengdu Jinchen Court, the Yuehuali project in Phase I of Chengdu Jinchen Court, and Phase II of the Zhuhai Huafa Fengjingwan Garden project.