ZHENGWEI GROUP (02147) announced that on December 30, 2025, the company proposes to place up to 11.2 million placement shares to no fewer than six placees at a price of HK$0.80 per share through a placing agent. The placing price represents a discount of approximately 7.0% to the closing price of HK$0.86 per share on December 30, 2025.
Assuming all placement shares are fully subscribed, the net proceeds are estimated to be approximately HK$8.71 million, which are intended to be used as the Group's general working capital.
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