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Winshine Science Co., Ltd. Details Use of Proceeds from 2024 Share Placements

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Winshine Science Co., Ltd. Details Use of Proceeds from 2024 Share Placements

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Winshine Science Co., Ltd. ( (HK:0209) ) has shared an update.

Winshine Science Co., Ltd. has released a supplemental announcement to its 2024 Annual Report, detailing the use of proceeds from two share placements conducted in 2024. The proceeds from Placing A and Placing B, amounting to HK$6.5 million and HK$4.3 million respectively, were allocated as general working capital to cover audit fees, listing fees, and administrative expenses. This strategic allocation supports the company’s operational needs and financial stability.

More about Winshine Science Co., Ltd.

Winshine Science Co., Ltd. is a company incorporated in Bermuda, operating in the science and technology sector. The company, along with its subsidiaries, focuses on providing various services and products, although specific details about its primary offerings and market focus are not provided in the announcement.

Average Trading Volume: 1,425,485

Technical Sentiment Signal: Buy

Current Market Cap: HK$113M

For detailed information about 0209 stock, go to TipRanks’ Stock Analysis page.

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