Guofu Quantum (00290) plans to discount approximately 12.09% of old and new allotments to raise about HK$346 million

Zhitongcaijing · 1d ago

According to Zhitong Finance App News, Guofu Quantum (00290) announced that on August 3, 2026, Dr. Lau Chi-wai, the company's main shareholder and single largest shareholder, plans to place 2187.5 million existing shares, HK$1.60 per share, through placement agents; the company plans to issue 2187.5 million newly subscribed shares, with an issue price of HK$1.6 per share, compared to the closing price of HK$1.82 per share reported on the Stock Exchange on August 3, 2026.

Assuming that all placements and pending placement and new subscription items are completed, it is expected that the net amount of about HK$346 million will be raised from the old and past new subscription items, about 20.2% will be used for the construction of small computing power centers, about 28.9% will be used to explore the application of quantum computers in drug discovery and new material discovery, about 34.7% will go to the Quantum Industry Fund, about 8.7% will be used for the Quantum Finance School, and about 7.5% will be used for the Group's working capital.