China Baoli Technology (00164) plans to issue a total of 19.23% of the subscription shares, totaling 19.77 million shares, at a net raise of approximately 80 million Hong Kong dollars.

The Zhitong Finance and Economics APP announced that China Baoli Technology (00164) disclosed that on May 19, 2026, the company plans to issue a total of 19.77 million shares to 8 subscribers each at a subscription price of HK$0.420 per share, representing a discount of about 19.23% from the closing price of HK$0.520 per share on that day. The net proceeds are approximately HK$8 million, intended for general operating capital for the dry grinding and dry selection project in Mongolia.