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Minieye Technology Co., Ltd. Class H ( (HK:2431) ) has issued an announcement.
Minieye Technology Co., Ltd announced the successful completion of the placing of 14,012,800 new H Shares under the general mandate, which took place on December 2, 2025. The shares were placed at a price of HK$14.88 each, raising approximately HK$208.51 million in gross proceeds, with net proceeds amounting to HK$204.43 million after expenses. The placement was made to institutional and corporate investors, none of whom became substantial shareholders, and it represents about 3.33% of the company’s enlarged share capital. This strategic move is expected to strengthen the company’s financial position and support its growth initiatives.
More about Minieye Technology Co., Ltd. Class H
Minieye Technology Co., Ltd is a joint stock company incorporated in the People’s Republic of China. The company operates within the technology sector, focusing on the development and provision of advanced technology solutions. It is listed on the Stock Exchange of Hong Kong under the stock code 2431.
Average Trading Volume: 1,931,024
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$6.11B
See more insights into 2431 stock on TipRanks’ Stock Analysis page.