EV Dynamics (Holdings) Ltd. has announced a proposed placing of up to 26 million new shares at HK$0.78 per share under a general mandate. The placement agreement was signed with a placing agent on November 10, 2025. The company plans to use approximately 75% of the net proceeds, or HK$15 million, to develop and expand its new energy business, particularly in e-Mobility solutions, and the remaining 25%, or HK$5 million, to replenish general working capital. The directors believe this placement will strengthen the company's financial position and enhance share liquidity. Application will be made to the Hong Kong Stock Exchange for the listing of the new shares.
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