New Silkroad Holding Completes HK$138.93 Million Share Placement; Proceeds Earmarked for Seed and Semiconductor Trading Expansion

Bulletin Express
Jun 16

New Silkroad Holding Group Limited on 16 June 2026 finalized the issuance of 641.52 million new shares at HK$0.215 each under its general mandate, generating gross proceeds of approximately HK$138.93 million.

Shareholding Impact • Total issued shares rose to 3.85 billion from 3.21 billion. • China Agricultural Produce Company’s stake diluted to 23.75% (from 28.50%). • Winnovation Development International Land’s holding declined to 21.91% (from 26.29%). • Six new subscribers now collectively own 16.67% of the enlarged share capital. • Free-float (other public shareholders) moved to 37.67% (from 45.21%).

Proceeds Allocation (Net HK$110.20 million) 1. Seed Trading Business – HK$55.10 million • HK$5.50 million: overseas warehouse planning, refrigeration and environmental control equipment (Jul 2026–Jun 2027). • HK$11.00 million: establishment of a global trading team (Jul 2026–Jun 2027). • HK$38.60 million: seed procurement for cross-border trading (Jul 2026–Jun 2027).

2. Semiconductor Wafer Trading – HK$55.10 million • Immediate deployment in June 2026 to meet existing procurement orders totaling about US$17 million for wafer resale into the Chinese market.

Strategic Rationale • Seed Trading: Leverages the agricultural expertise and network of major shareholder China Agricultural Produce Company. Target markets include China, Europe, and the Middle East, focusing on higher-margin cross-border seed sales with downstream applications in smart-seed R&D. • Semiconductor Trading: Builds on NSR International Services’ early-stage wafer transactions (three deals completed in 2026) amid sustained global demand for AI and data-center chips. Rapid inventory turnover (≈1 month) and high single-digit profit margins underpin management’s confidence in scaling the operation.

Operational Outlook The company states it has no plans to reduce or dispose of existing businesses, including property management, despite challenging conditions in China’s real-estate sector and ongoing efforts to divest its Jeju project. Cross-border seed and wafer trading will be integrated into the current trading segment without establishing new reporting divisions.

Management views the completed share subscriptions and the ensuing business diversification as supportive of long-term revenue stability and corporate growth.

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