Zhitong Finance App News, Huiying Holdings (00821) announced that all the prerequisites contained in the placement agreement have been met, and the completion was carried out on November 2, 2026. After completion, the convertible bonds with a total principal amount of approximately HK$41.4 million were issued by the Company to no less than six undertakers in accordance with the placement agreement.
The total proceeds from the placement were approximately HK$41.4 million, while the net proceeds from the placement were estimated to be approximately HK$40.2 million (after deducting commissions, professional fees and other costs and expenses relating to the placement agent). The Company will apply the net proceeds from the placement in accordance with the proposed uses of the proceeds set out in the circular.