JIADING INTL GP to Raise HK$4.70 Million via 20% Share Placement at 15.66% Discount

Bulletin Express
Mar 26

25 March 2026 – JIADING International Group Holdings Limited (JIADING INTL GP) has signed a placing agreement with Cheong Lee Securities to issue up to 6.93 million new shares, or 20% of its existing share capital, at HK$0.70 per share.

The placing price represents a 15.66% discount to the 26 March closing price of HK$0.83 and a 16.86% discount to the five-day average of HK$0.842. Based on full subscription, gross proceeds will reach approximately HK$4.85 million; after a 2% placing commission and other costs of about HK$0.15 million, net proceeds are estimated at HK$4.70 million, implying a net price of roughly HK$0.678 per share.

Upon completion, the company’s issued share capital will expand from 34.67 million to 41.60 million shares. The new investors (at least six independent placees) will collectively hold 16.67% of the enlarged share capital, with existing public shareholders diluted from 100.00% to 83.33%. No placee is expected to become a substantial shareholder.

The Hong Kong Stock Exchange’s listing approval is the sole condition precedent; completion is targeted for the third business day after approval. Proceeds are earmarked for general working-capital purposes.

This placement follows three equity financings within the past 12 months:

• Oct-2025 Rights Issue: HK$6.20 million raised; HK$5.60 million already applied to advertising operations, salaries, professional fees and other corporate expenses. • Sep-2025 Placement: HK$2.90 million raised; fully utilised for advertising activities, salaries and corporate expenses. • Jul-2025 Placement: HK$1.38 million raised; fully utilised for working-capital needs.

The board views the latest placement as a timely measure to broaden the shareholder and capital base amid prevailing market conditions.

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