YNBY International Ltd., incorporated in Bermuda, has announced the placement of new shares under a general mandate. The company estimates net proceeds from the placement to be approximately HK$92 million. The company assures that the new placing price is fair and reasonable, aligning with regulatory rules, and is in the best interest of the company and its shareholders. Completion of the placement is contingent upon certain conditions being met, and investors are advised to exercise caution. The executive board, led by CEO Tang Ming, remains unchanged.
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