GOLDENPOWER (03919) announced on August 6, 2026, that it plans to allot and issue a total of 6.492 million shares to subscriber Mr. Gao Jianxing. This issuance represents approximately 16.7% of the company's existing issued share capital as of the announcement date and about 14.3% of the company's issued share capital after the subscription shares are issued. The subscription price is set at HK$0.65 per share, representing a discount of approximately 5.1% to the closing price of HK$0.685 per share on August 6.

The total gross proceeds and net proceeds from the subscription are expected to be approximately HK$4.2 million and HK$4.1 million, respectively. The company plans to use the net proceeds from the subscription as follows: approximately 80% for repaying the group's bank financing due within the next six months and approximately 20% for the group's general working capital.