---
title: "Jiangsu Lopal Tech Adjusts Use of A-Share Proceeds for Investment Projects"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286440737.md"
description: "Jiangsu Lopal Tech Co. Ltd. has raised approximately RMB1.88 billion through the issuance of 93,115,403 A shares. Due to slightly lower net proceeds, the company’s board has approved an adjustment in the allocation of funds for investment projects. This change, supported by the company’s sponsor, aims to ensure the smooth execution of approved projects without disrupting strategic objectives. Jiangsu Lopal Tech operates in the chemical and materials technology sector and is listed in Hong Kong."
datetime: "2026-05-14T15:08:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286440737.md)
  - [en](https://longbridge.com/en/news/286440737.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286440737.md)
---

# Jiangsu Lopal Tech Adjusts Use of A-Share Proceeds for Investment Projects

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Jiangsu Lopal Tech Co. Ltd. Class H ( (HK:2465) ) has issued an update.

Jiangsu Lopal Tech. Group has completed an issuance of 93,115,403 A shares to specific targets, raising gross proceeds of about RMB1.88 billion and net proceeds of roughly RMB1.86 billion after issuance expenses. The funds have been fully received, verified by an independent accountant, and placed under a special account supervision regime agreed with its sponsor and the depositing commercial bank.

Because the actual net proceeds are slightly below the originally planned RMB1.88 billion earmarked for fundraising investment projects, the board has approved an adjustment to the allocation of these funds. The change, endorsed by the company’s sponsor and not requiring shareholder approval, is intended to ensure the smooth implementation of the approved projects without disrupting their overall execution or strategic objectives.

**More about Jiangsu Lopal Tech Co. Ltd. Class H**

Jiangsu Lopal Tech. Group Co., Ltd. is a China-incorporated company listed in Hong Kong that operates in the chemical and materials technology sector. It raises capital through A-share issuances on the mainland market and applies these funds to defined fundraising investment projects aimed at supporting its operational and strategic growth.

**Average Trading Volume:** 13,925,192

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** HK$22.35B

Find detailed analytics on 2465 stock on TipRanks’ Stock Analysis page.

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