---
title: "Beijing SinoHytec Announces New H Shares Placing Agreement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/269786353.md"
description: "Beijing SinoHytec Co., Ltd. Class H announced a placing agreement for up to 8,880,000 new H shares, representing 3.83% of its issued share capital, to raise approximately HK$197.72 million. The agreement involves a placing agent and at least six independent placees. Completion is subject to conditions, and caution is advised to shareholders and investors."
datetime: "2025-12-15T23:07:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/269786353.md)
  - [en](https://longbridge.com/en/news/269786353.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/269786353.md)
---

# Beijing SinoHytec Announces New H Shares Placing Agreement

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The latest update is out from Beijing SinoHytec Co., Ltd. Class H ( (HK:2402) ).

Beijing SinoHytec Co., Ltd. Class H has announced a placing agreement for new H shares under a general mandate. The company has entered into an agreement with a placing agent to procure at least six independent placees to subscribe for up to 8,880,000 new H shares. The placing shares represent approximately 3.83% of the company’s issued share capital and are expected to raise net proceeds of approximately HK$197.72 million. The completion of the placing is subject to certain conditions, and the company advises caution to shareholders and potential investors.

**More about Beijing SinoHytec Co., Ltd. Class H**

**Average Trading Volume:** 2,849,116

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$7.03B

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