According to Zhitong Finance App, Lide Education (01449.HK) announced that on July 24, 2026, the company plans to place up to 133 million shares placed, which is equivalent to about 20.00% of the company's current issued share capital at the date of this announcement; and about 16.67% of the company's issued share capital after allotment and issuance of placed shares expanded. The placement price of HK$0.265 per share was approximately 19.70% off from the closing price of HK$0.330 per share on July 24. Assuming that all placed shares are fully placed, the total proceeds and net proceeds from the placement are estimated to be approximately HK$35.33 million and HK$35.58 million respectively. The Company intends to use the net proceeds from the placement for the following purposes: approximately HK$25.94 million for the Group's business development in digital and intelligent education and teaching; the remaining approximately HK$8.64 million for the Group's general working capital.

According to Zhitong Finance App, Lide Education (01449.HK) announced that on July 24, 2026, the company plans to place up to 133 million shares placed, which is equivalent to about 20.00% of the company's current issued share capital at the date of this announcement; and about 16.67% of the company's issued share capital after allotment and issuance of placed shares expanded. The placement price of HK$0.265 per share was approximately 19.70% off from the closing price of HK$0.330 per share on July 24. Assuming that all placed shares are fully placed, the total proceeds and net proceeds from the placement are estimated to be approximately HK$35.33 million and HK$35.58 million respectively. The Company intends to use the net proceeds from the placement for the following purposes: approximately HK$25.94 million for the Group's business development in digital and intelligent education and teaching; the remaining approximately HK$8.64 million for the Group's general working capital.