Jiutai Digital Clarifies HK$16.10 Million Share-Placing Proceeds in 2025 Annual Report

Bulletin Express09-22

Jiutai Digital Technology Holdings Limited announced on 22 September 2026 a supplemental clarification to its 2025 annual report, detailing the deployment of funds raised from a share placement completed on 29 August 2025.

The company confirmed that the placement generated net proceeds of HK$16.10 million after deducting placement expenses. Of this total, HK$10.00 million (61.90%) was applied to repay existing Group debt, while HK$6.10 million (38.10%) was allocated to general working-capital needs. All proceeds were fully utilised by 31 December 2025, leaving no unspent balance.

Management stated that the additional disclosure does not alter any other information contained in the 2025 annual report. The board composition remains unchanged, with Chairman Yu Huang heading the executive team alongside directors Wang Ochoa Longhai and Qu Xuanbai.

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