Bijiao Technology (06082) completed a total placement of 130 million shares to raise approximately HK$4.02 billion

According to the Zhitong Finance App, Bijiao Technology (06082) issued an announcement. All conditions set out in the placement agreement have been fulfilled, and delivery was made in accordance with the terms of the placement agreement on October 12, 2026.

The placement agent has successfully placed a total of 130 million shares at an placement price of HK$31.08 per placement share in accordance with the terms and conditions of the placement agreement, accounting for about 9.54% of the H shares issued immediately before delivery and about 5.00% of the total number of issued shares, and on the date of this announcement, accounting for about 8.71% of the issued H shares and about 4.76% of the total number of issued shares after the expansion of the allotted and issued placement shares.

The total proceeds from the placement were HK$4.04 billion, and the net proceeds from the placement (after deducting commissions and estimated expenses) were approximately HK$4.02 billion.