Honghai Advanced Resources (00065.HK) plans to offer a discount of approximately 14.89% to sell up to 40.92 million shares.

The announcement of Honghai High-Tech Resources (00065.HK) was released on the Zhitong Finance and Economics APP. On September 5, 2025 (after the trading session), the company entered into a placement agreement with the placement agent. The company conditionally agreed to place up to 40.92 million shares at a placement price of HK$0.40 per share to no fewer than six underwriters through the placement agent, based on best efforts, and the underwriters and their ultimate beneficial owners must be independent third parties.