Renewable Energy (02570.HK) plans to discount approximately 14.21% for the placement of 583,900 H shares, raising a net amount of approximately 78.3 million Hong Kong dollars.

date
26/09/2025
Chi-Tong Financial APP Information, Reshape Energy (02570.HK) announced that on September 25, 2025 (after trading hours), the company entered into a placing agreement with joint placing agents. Accordingly, the joint placing agents conditionally agreed (as joint placing agents of the company) to use their best efforts to procure the placee (and its ultimate beneficial owner (if applicable) being an independent third party) to subscribe for 583,900 placing shares at a placing price of HK$137.00 per placing share. The placing price represents a discount of approximately 14.21% to the closing price of HK$159.70 per H share on the Stock Exchange of Hong Kong Limited on September 25, 2025 (i.e. the last trading day).