Glonghui, November 25, 丨 China Zhuchen 81 (00810.HK) announced that on November 25, 2024, the company entered into a placement agreement with the placement agent. The company conditionally agreed to place HK$0.153 per share at the placement price through the placement agent (about 16.85% discount of HK$0.1840 per share from the closing price of the shares reported on the Stock Exchange on the date of the placement agreement) to no less than six undertakers, equivalent to approximately 20.00% of the company's issued share capital and to issue allotted shares Expanded The issued share capital was approximately 16.67%.

The total amount and net proceeds from the placement are estimated to be approximately HK$4,330,000 and approximately HK$4,120,000 respectively. The Company intends to use the net proceeds from the placement as general working capital and/or potential investments yet to be identified.