According to the Zhitong Finance App, Guan Holdings (08606) announced that the company proposes to offer shares based on a “2 for 1” basis. The subscription price is HK$0.065 per share. The subscription price is approximately 29.35% off the closing price of HK$0.092 per share from the closing price of January 10, 2023, to raise a total amount of approximately HK$31.3 million (before deducting costs and expenses) (assuming that there is no change in the number of shares issued on or before the record date); or through the provision of up to 482 million shares to eligible shareholders; Eligible shareholders can supply up to 515.2 million shares Shares, the total amount raised was approximately HK$33.5 million (before costs and expenses) (assuming that there was no change in the number of shares issued on or before the record date, except for the full exercise of share options that had not been exercised).

Net proceeds from the stock offering (if fully subscribed) are estimated to be HK$29.9 million, approximately HK$19.9 million to develop and cultivate the NEV industry; and the remaining HK$10 million for the Group's general working capital.

On January 10, 2023 (after the transaction period), the company entered into a placement agreement with the placement agent. According to this, the placement agent conditionally agreed to induce independent contractors to subscribe for unsubscribed shares on a best-effort basis and that unqualified shareholders did not sell the shares offered.