The major shareholder of Jian Tao Accumulated Layerboard (01888.HK), Jian Tao Group, plans to offer 78.5 million shares at HK$10 per share.

Wisdom Finance APP News, Jian Tao Accumulated Layer Board (01888.HK) announced that on July 17, 2025, Jian Tao Group Limited (Jian Tao Group) and its wholly-owned subsidiary Jian Tao Investment Limited (Jian Tao Investment) have entered into a placement agreement with Citi Lion Securities Limited. Pursuant to this, Jian Tao Investment has appointed a placement agent to use best efforts to facilitate the subscription of up to 78.5 million shares at a price of HK$10.00 per share of common stock with a par value of HK$0.10 per share in the company's share capital. Subject to the satisfaction (or waiver) of the conditions precedent set forth in the placement agreement, settlement of the placement is expected to take place on July 22, 2025.