Zhitong Finance App News, Kexuan Power Holdings (00476.HK) issued an announcement. All the prerequisites contained in the placement agreement have been met, and the placement matters were completed on May 9, 2025 in accordance with the terms and conditions of the placement agreement. A total of 27 million shares placed have been placed to no less than six undertakers at the placement price of HK$0.30 per share. The net proceeds from the placement were approximately HK$7.8 million. The Company intends to use the net proceeds from the placement for the Group's general working capital.

Zhitong Finance App News, Kexuan Power Holdings (00476.HK) issued an announcement. All the prerequisites contained in the placement agreement have been met, and the placement matters were completed on May 9, 2025 in accordance with the terms and conditions of the placement agreement. A total of 27 million shares placed have been placed to no less than six undertakers at the placement price of HK$0.30 per share. The net proceeds from the placement were approximately HK$7.8 million. The Company intends to use the net proceeds from the placement for the Group's general working capital.