ENVISION GR-NEW (01783) announced on October 17, 2025, that the company has entered into subscription agreements with investors Vintage Antique Limited and Vision Capital Limited. The company conditionally agreed to allocate and issue shares at a subscription price, while the subscribers conditionally agreed to purchase a total of 50 million subscribed shares. This amount represents approximately 1.78% of the total number of issued shares as of the announcement date and approximately 1.75% of the total number of shares after the issuance. The subscription price is HKD 3.10 per share, which is a 1.31% premium over the closing price of HKD 3.06 on October 17. The total proceeds from the subscription are expected to be HKD 155 million, with the net proceeds (after deducting all professional fees and related expenses) estimated to be about HKD 154.9 million. The net proceeds are intended to be used for the sales cooperation project and the environmental park project.