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Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H ( (HK:2582) ) has shared an announcement.
Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. announced a Subscription Agreement to issue 6,000,000 unlisted warrants, allowing for the subscription of an equal number of warrant shares. The exercise price is set at 93% of the VWAP of the H Shares on the trading day before the exercise date, with proceeds intended to finance hydrogen projects in China and overseas. The issuance aims to raise between HK$127.5 million and HK$868.0 million net, depending on the scenario, and will be conducted under a Specific Mandate, requiring shareholder approval at an EGM.
More about Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H
Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. operates in the hydrogen energy sector, focusing on the development and production of hydrogen-related equipment. The company is involved in hydrogen production plants, refueling stations, and liquefaction plants, with a market focus on both domestic and international hydrogen projects.
Average Trading Volume: 112,391
Technical Sentiment Signal: Strong Sell
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