CHINA BAOLI TEC (00164) announced that on May 19, 2026, the company intends to issue a total of 19.77 million subscription shares to eight subscribers. The subscription price is HK$0.420 per share, representing a discount of approximately 19.23% compared to the closing price of HK$0.520 per share on that day. The net proceeds, amounting to about HK$8 million, are planned to be used for general working capital in the dry grinding and dry separation project in Mongolia.
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