ZHIXIN GP HLDG (02187) Proposes to Issue 149.6 Million Subscription Shares at Approximately 15.00% Discount

Stock News
01/26

ZHIXIN GP HLDG (02187) announced that on January 26, 2026, the company entered into two separate subscription agreements with two subscribers (Century Noble International Limited and Pakhim Chen Capital Limited). The agreements pertain to the subscription of a total of 149.6 million subscription shares at a price of HK$0.68 per share. The 149.6 million subscription shares collectively represent 20.00% of the company's issued share capital as of the date of this announcement. Furthermore, they represent approximately 16.67% of the company's issued share capital as enlarged by the allotment and issue of the subscription shares, assuming no other changes to the issued share capital from the announcement date until the completion of the subscription. The subscription price of HK$0.68 per share represents a discount of approximately 15.00% compared to the closing price of HK$0.80 per share on the Hong Kong Stock Exchange on January 26, 2026, the date of the subscription agreements. It also represents a discount of approximately 18.47% compared to the average closing price of HK$0.834 per share for the five consecutive trading days immediately preceding the date of the subscription agreements.

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