Jiangsu Horizon Chain Supermarket Completes New H Share Placement Under General Mandate
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Jiangsu Horizon Chain Supermarket has completed a new H share placement under a general mandate. The proceeds will fund Haike Hongxin's R&D, production, and marketing of various robots. Allocation: 20% to R&D, 50% to production, 30% to operations. Shares are not registered under the U.S. Securities Act and won't be sold in the U.S. without registration or exemption. Published by Jiangsu Horizon via HKex on Dec 2, 2025.
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