CIMC Enric Holdings Limited (the “Company,” stock code: 3899) announced on 19 January 2026 that it has entered into an agreement with a placing agent to issue up to 79,700,000 new shares under the Company’s existing General Mandate. According to the announcement, the placing price is set at HK$9.79 per share, representing a discount of approximately 7.73% to the closing price of HK$10.61 on the same day of the agreement. It also represents discounts of about 8.86% and 6.03% to the average closing prices over the last five and ten trading days, respectively.

The 79,700,000 new shares account for about 3.92% of the Company’s existing issued share capital (excluding treasury shares) and will be placed to no fewer than six independent placees. Gross proceeds from the placement are expected to be around HK$780 million, with estimated net proceeds of approximately HK$774 million after deducting relevant costs. The net placing price, after these deductions, is approximately HK$9.71 per share.

In the announcement, the Company states that it plans to allocate around half of the net proceeds toward investment in its clean energy business and the remaining half toward general business operations. The new shares will be issued under the General Mandate and therefore do not require additional shareholder approval.

Completion of the placing is subject to certain conditions, including approval for listing of the new shares and relevant regulatory clearances. The Company indicates that the placement is intended to broaden its shareholder base and strengthen its financial position to support future development initiatives in clean energy, chemical and environmental, and liquid food segments. Shareholders and potential investors are advised to exercise caution when dealing in the Company’s securities, as the placement may or may not proceed depending on fulfillment and waiver of the relevant conditions.