GOLDENPOWER (03919) plans to issue 6.492 million shares at a discount of approximately 5.1%, raising about HKD 4.1 million.

Jinli Group (03919) announced that on August 6, 2026, the company plans to allocate and issue a total of 6.492 million shares to subscriber Mr. Gao Jianxing, accounting for 16.7% of the companys existing issued share capital as of the date of this announcement; and approximately 14.3% of the company's issued share capital after the issuance of the subscribed shares. The subscription price is HKD 0.65 per subscribed share, a discount of about 5.1% compared to the closing price of HKD 0.685 per share on August 6. The total amount raised from the subscription and the net proceeds from the subscription will be approximately HKD 4.2 million and HKD 4.1 million, respectively. The company will use the net proceeds from the subscription as follows: about 80% for repaying the group's bank financing that will mature in the next six months; and about 20% for the groups general working capital.