New Silkroad Holdings has announced the successful completion of its share subscription. The company has issued a total of 642 million new shares to six subscribers.

The shares were issued at a subscription price of HK$0.215 per share on June 16, 2026. The gross proceeds from this placement amount to HK$138 million.

After deducting all related costs and expenses, the net proceeds are approximately HK$137.8 million. This equates to a net issue price of about HK$0.215 per share.

The company intends to allocate the net proceeds for the following purposes: approximately HK$55.1 million will be invested in its smart seed business; another HK$55.1 million is earmarked for investment in semiconductor supply chain financing; and the remaining HK$27.56 million will be used for general working capital, covering employee costs, rental expenses, and other operational and corporate expenditures.