Yihuatong intends to allocate nearly HK$200 million in net proceeds from the proposed issuance of new H shares, with 90% to be used for repaying bank loans.

Yihua Communications announced on the Hong Kong Stock Exchange in the morning that on December 16, 2025, the company entered into a placing agreement with the placing agent. According to the agreement, the placing agent has conditionally agreed to use its best efforts to ensure that no less than six placees subscribe for up to 8.88 million new H shares at the placing price. The company expects to receive net proceeds of approximately HK$1.9772 billion from the placement, of which 90% will be used to repay bank loans and 10% for the group's general working capital.