Radiance Global Group Ltd (HKEX: 08208) has announced a subscription agreement dated September 8, 2026, under which the company will allot and issue a total of 72 million subscription shares to two subscribers, China Integrated Traditional and Western Medicine Education Group Ltd and China Liming Industry-Education Integration Group Ltd.

The subscription shares represent approximately 10.00% of the company's existing issued share capital as of the announcement date and about 9.09% of the enlarged issued share capital following the allotment and issuance. The subscription price of HK$0.125 per share represents a premium of roughly 5.93% over the closing price of HK$0.118 per share on September 8. Total gross proceeds from the subscription will amount to HK$9 million, with net proceeds estimated at approximately HK$8.85 million.

The net proceeds from the subscription are earmarked for the following purposes: approximately HK$3 million (around 33.90% of net proceeds) is planned to be set aside for the development of an e-commerce platform and corresponding advertising and promotional activities across various platforms to broaden the reach of the brand name and image; approximately HK$2 million (about 22.60% of net proceeds) is intended to be used for expanding and diversifying civil and structural engineering-related services; approximately HK$1.95 million (approximately 22.03% of net proceeds) is planned for the development of an art auction business; and the remaining balance of approximately HK$1.9 million (roughly 21.47% of net proceeds) is designated for the group's general working capital, including its legal and compliance costs as a listed company, employee expenses, rental costs, and other office recurring expenditures.