Fulu Holdings Ltd. Announces Reallocation of Unutilised Net Proceeds to Strengthen Core Business and Reserve Funds for Strategic Investments

Reuters

Jan 29

Fulu Holdings Ltd. Announces Reallocation of Unutilised Net Proceeds to Strengthen Core Business and Reserve Funds for Strategic Investments

Fulu Holdings Ltd. has announced a change in the use of its unutilised net proceeds. The company will reserve HK$50 million for potential investment opportunities that align with its strategic direction, while reallocating the remaining HK$110.68 million towards expanding and enhancing its principal business. The Board stated that this adjustment reflects a more prudent investment strategy, with a focus on stable growth and strengthening core business capabilities. Fulu Holdings aims to deploy its financial resources more efficiently, improve service quality, and capture new market opportunities. The company will provide updates on the use of proceeds in its annual and interim reports, and may further revise its plans in response to changing market conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fulu Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260129-12004818), on January 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Announces Reallocation of Unutilised Net Proceeds to Strengthen Core Business and Reserve Funds for Strategic Investments","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Fulu Holdings Ltd. Announces Reallocation of Unutilised Net Proceeds to Strengthen Core Business and Reserve Funds for Strategic Investments\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Fulu Holdings Ltd. has announced a change in the use of its unutilised net proceeds. The company will reserve HK$50 million for potential investment opportunities that align with its strategic direction, while reallocating the remaining HK$110.68 million towards expanding and enhancing its principal business. 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Announces Reallocation of Unutilised Net Proceeds to Strengthen Core Business and Reserve Funds for Strategic Investments\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-01-29 18:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Fulu Holdings Ltd. 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ID: HKEX-EPS-20260129-12004818), on January 29, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1224","symbol_name":"专卖店","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260129:nNDL9Z8R9g:1","article_id":"2607700224","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2607700224","pubTimestamp":1769680993,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Fulu Holdings Ltd. 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The company will reserve HK$50 million for potential investment opportunities that align with its strategic direction, while reallocating the remaining HK$110.68 million towards expanding and enhancing its principal business. The Board stated that this adjustment reflects a more prudent investment strategy, with a focus on stable growth and strengthening core business capabilities. Fulu Holdings aims to deploy its financial resources more efficiently, improve service quality, and capture new market opportunities. The company will provide updates on the use of proceeds in its annual and interim reports, and may further revise its plans in response to changing market conditions.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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