Zhengwei Group Holdings (2147) Completes New Share Placement Under General Mandate

Bulletin Express01-22

Zhengwei Group Holdings Company Limited (Stock Code: 2147) announced the completion of its agreement to place 11,200,000 new shares under a general mandate on 22 January 2026. According to the announcement, these shares represent approximately 16.67% of the enlarged share capital and were placed at HK$0.8 each, resulting in gross proceeds of HK$8.96 million. After deducting relevant expenses, net proceeds are approximately HK$8.71 million.

The announcement states that around 80.4% of these net proceeds will be allocated to advertising fees, while the remaining 19.6% will be used for staff salaries. Following the placement, Mr. Yang Shengyao and Ms. Lin Qiuyun hold around 21.08% of the total issued shares, the placees collectively own 16.67%, and other public shareholders account for 62.25%, bringing the total number of shares to 67,200,000.

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