Hong Kong-listed LianLian DigiTech has announced the issuance of 38.40 million new H shares, with a par value of RMB 1.00 per share, representing the company's registered capital. The placement price per share is HK$10.25. Assuming all placement shares are successfully placed, the total proceeds from the placement are expected to be approximately HK$394.00 million. The company intends to use the net proceeds for innovation and application of innovative technologies such as blockchain in the global payment field, global business and license expansion, and general corporate purposes. [Odaily Planet Daily News]

Hong Kong-listed company LianLian Digital (02598.HK) has announced that it has signed an agreement with placement agents to place 38.40 million new H shares to no fewer than six independent investors at HK$10.25 per share, with expected total proceeds of approximately HK$394.00 million. The funds raised will be used for the application of innovative technologies such as blockchain in global payment scenarios, international business and license expansion, and general corporate purposes. [Wu Shuo]

LianLian DigiTech Announces Fundraising of Approximately HK$394 Million for Innovative Technologies Such as Blockchain

On July 13 (UTC+8), July 13, Lianlian DigiTech (02598.HK), a Hong Kong stock, announced that it had entered into a placement agreement with the placement agent on July 12, 2025, planning to place 38.40 million new H shares to no less than six independent professionals, institutions, and/or other investors at HK$10.25 per share. The announcement shows that assuming all placement shares are placed, the total proceeds from the placement are expected to be approximately HK$394.00 million, and the net proceeds are intended to be used for innovation and application of innovative technologies such as blockchain in the global payment field, global business and license expansion, and general corporate purposes. Lianlian DigiTech stated that this placement will help the company accelerate business innovation and the improvement and application scenario expansion of new technologies and application capabilities including blockchain and AI, and strengthen the global strategic business layout. [MetaEra]

LianLian DigiTech Plans to Raise Approximately HK$394.00 million Through Placement for Blockchain, AI, and Other Technology Applications

On July 13, LianLian DigiTech (02598.HK), a Hong Kong stock, announced that on July 12, 2025, it entered into a placement agreement with placement agents to plan to place 38.40 million new H shares to no less than six independent professionals, institutions, and/or other investors at HK$10.25 per share. The announcement shows that assuming all placement shares are placed, the gross proceeds from the placement are expected to be approximately HK$394.00 million, and the net proceeds are intended to be used for innovation and application of innovative technologies such as blockchain in the global payment field, global business and license expansion, and general corporate purposes. LianLian DigiTech stated that this placement will help the company accelerate business innovation and the improvement and application scenario expansion of new technologies and capabilities including blockchain and AI, and strengthen the global strategic business layout. [Shenchao TechFlow]

LianLian DigiTech Plans to Raise Approximately HK$394 million Through Placement for Blockchain, AI, and Other Technology Applications

LianLian Digital (02598.HK) announced that on July 12, 2025, it entered into a placement agreement with a placement agent to privately place 38.4 million new H shares at HK$10.25 per share to no fewer than six independent professional individuals, institutions, and/or other investors. The announcement stated that assuming full subscription of the placement shares, the total gross proceeds from the placement are expected to be approximately HK$394 million. The Company intends to use the net proceeds for innovation and application of blockchain and other innovative technologies in the global payment field, global business and license expansion, and general corporate purposes. LianLian Digital stated that this placement will help accelerate business innovation, enhance capabilities and applications in new technologies such as blockchain and AI, and expand application scenarios, strengthening its global strategic business layout. Established in 2009, LianLian Digital is one of the first digital technology companies in China to provide comprehensive payment solutions globally. It successfully went public on the Main Board of the Hong Kong Stock Exchange on March 28, 2024, mainly offering digital payment services and value-added services. [BlockBeats News]

Lianlian Digits Plans to Raise Approximately HKD 394 Million through Preferential Placement, for Blockchain, AI, and Other Technology Applications

On July 13, LianLian DigiTech (02598.HK), a Hong Kong stock, announced that on July 12, 2025, it entered into a placing agreement with placing agents to place 38.40 million new H shares to no less than six independent professionals, institutions, and/or other investors at a price of HK$10.25 per share.

The announcement shows that assuming all the placed shares are placed, the total proceeds from the placement are expected to be approximately HK$394.00 million, and the net proceeds are intended to be used for innovation and application of innovative technologies such as blockchain in the global payment field, global business and license expansion, and general corporate purposes. LianLian DigiTech stated that the placement will help the company accelerate business innovation and the improvement and application scenario expansion of new technologies and capabilities including blockchain and AI, and strengthen the global strategic business layout.

LianLian DigiTech was established in 2009 and is one of the first digital technology companies in China to provide a wide range of payment solutions globally. It was successfully listed on the Main Board of the Hong Kong Stock Exchange on March 28, 2024, and mainly provides digital payment services and value-added services. [BlockBeats]

On July 13, LianLian DigiTech (02598.HK), a Hong Kong stock, announced that on July 12, 2025, it entered into a placing agreement with placing agents to place 38.40 million new H shares to no less than six independent professionals, institutions, and/or other investors at a price of HK$10.25 per share.

The announcement shows that assuming all the placed shares are placed, the gross proceeds from the placement are expected to be approximately HK$394.00 million, and the net proceeds are intended to be used for innovation and application of innovative technologies such as blockchain in the global payment field, global business and license expansion, and general corporate purposes. LianLian DigiTech stated that this placement will help the company accelerate business innovation and the improvement and application scenario expansion of new technologies and application capabilities including blockchain and AI, and strengthen the global strategic business layout.

LianLian DigiTech was established in 2009 and is one of the first digital technology companies in China to provide a wide range of payment solutions globally. It was successfully listed on the Main Board of the Hong Kong Stock Exchange on March 28, 2024, and mainly provides digital payment services and value-added services. [BlockBeats]

LianLian DigiTech plans to raise approximately HK$394 million through placement for blockchain, AI, and other technology applications

LianLian DigiTech Plans to Raise Approximately HK$394.00 million for the Application of Blockchain and Other Technologies in the Global Payment Field

According to Zhitong Finance, LianLian DigiTech announced that on July 12, 2025, it entered into a placement agreement with the placement agent to place 38.40 million new H shares to no less than six independent professionals, institutions, and/or other investors at HKD 10.25 per share. The announcement shows that assuming all placement shares are placed, the total proceeds from the placement are expected to be approximately HKD 394.00 million, and the net proceeds are intended to be used for innovation and application of innovative technologies such as blockchain in the global payment field, global business and license expansion, and general corporate purposes. [Foresight News]

LianLian DigiTech plans to raise approximately HK$394 million through placement, with funds to be used for the application of innovative technologies such as blockchain in the global payment field.

香港上市公司LianLian DigiTech宣布发行3840万股新H股，每股面值为人民币1.00元，代表公司的注册资本。发行价格为每股港币10.25元。假设所有配售股份均成功配售，预计配售总募集资金约为3.94亿港元。公司计划将净募集资金用于区块链等创新技术在全球支付领域的创新和应用、全球业务及牌照扩展，以及一般企业用途。[Odaily Planet Daily News]

LianLian DigiTech计划筹集约3.94亿港元，用于区块链及其他技术在全球支付领域的应用

香港上市公司LianLian DigiTech宣佈發行3840萬股新H股，每股面值爲人民幣1.00元，代表公司的注冊資本。發行價格爲每股港幣10.25元。假設所有配售股份均成功配售，預計配售總募集資金約爲3.94億港元。公司計劃將淨募集資金用於區塊鏈等創新技術在全球支付領域的創新和應用、全球業務及牌照擴展，以及一般企業用途。[Odaily Planet Daily News]