---
title: "WellCell Holdings shareholder places up to 796,000,000 shares at HK$ 0.24 each"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292474848.md"
description: "WellCell Holdings announced a top-up placing of up to 796 million existing shares at HK$0.24 each, implying a 7.69% discount. Net proceeds of approximately HK$187.96 million will fund AI computing platform development. Vendor Hang Feng International will subscribe for new shares to match the placement, shifting its stake from 29.9% to 10%, then back to 24.94%. Total shares outstanding would rise to 4.796 billion if fully subscribed."
datetime: "2026-07-13T10:43:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292474848.md)
  - [en](https://longbridge.com/en/news/292474848.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292474848.md)
generator: "portal-rs"
---

# WellCell Holdings shareholder places up to 796,000,000 shares at HK$ 0.24 each

-   WellCell launched a top-up placing to sell up to 796,000,000 existing shares at HK$ 0.24 each. \* Vendor Hang Feng International will subscribe for up to 796,000,000 new shares at HK$ 0.24 to match placed shares. \* Net proceeds estimated at HK$ 187.96 million, mainly to fund AI computing power platform development and secure computing power resources. \* Deal implies 7.69% discount to the prior close of HK$ 0.26; shares outstanding would rise to 4,796,000,000 if fully subscribed. \* Hang Feng’s stake would shift from 29.9% to 10% post-placing, then to 24.94% following the top-up subscription. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wellcell Holdings Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260713-12242734), on July 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**