Ximei Resources plans placement of 34,100,000 shares at HK$ 16.1 each

• Ximei Resources entered a top-up placement for up to 34,100,000 existing shares at HK$ 16.1 each, raising gross proceeds of about HK$ 549 million.
• Placement price implies a 19.5% discount to the last close of HK$ 20; shares represent 8.97% of existing share capital.
• Controlling shareholder Jiawei Resources will subscribe for the same number of new shares at HK$ 16.1, lifting its stake to 49.5% post-transaction.
• Net proceeds estimated at about HK$ 537.2 million; earmarked for upstream mining investments, capacity expansion, working capital.
• Placing expected to close June 5, 2026; subscription to complete within 14 days, subject to listing approval for the new shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ximei Resources Holding Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260603-12185569), on June 02, 2026, and is solely responsible for the information contained therein.