CIG(06166) to raise HK$1.97 billion from placing X

28/05/2026 16:17

(Infocast News) CIG(06166)announced that on May 28, 2026 (before trading hours), the Company entered into the Placing Agreement with the Joint Placing Agents, pursuant to which the Joint Placing Agents have conditionally agreed, as the Company’s Joint Placing Agents, to procure not less than six Placees (who and whose ultimate beneficial owners will be Independent Third Parties) to subscribe for 15,600,000 Placing Shares at the Placing Price of HK$126.66 per Placing Share.

The gross proceeds from the Placing amount to approximately HK$1,975.90 million,
while the net proceeds from the Placing are estimated to be approximately
HK$1,966.97 million.

The 15,600,000 Placing Shares represent approximately 16.84% of the number
of issued H Shares and approximately 4.24% of the number of issued Shares (excluding the Treasury Shares) as enlarged by the allotment and issue of the Placing Shares. The Placing Price of HK$126.66 per Placing Share represents a discount of approximately 8.88% to the closing price of HK$139.00 per H Share as
quoted on May 27, 2026.

The net proceeds from the Placing will be used for strategic stockpiling of the Group’s core components, supplementing the Group’s working capital and other general corporate purposes, with an aim to support the Group’s sustainable development and accelerate the implementation of the Group’s globalization strategy. (SY)

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