China Properties Investment Holdings Limited (736) issued an announcement referring to the Subscriptions of 53,433,000 new shares under a General Mandate. The company previously intended to deploy the approximately HK$22,970,000 in net proceeds toward investments in cryptocurrencies and general corporate needs. However, the Board resolved to realign the entire net proceeds for working capital and related corporate purposes, considering the current operational requirements and existing cash balances.

According to the revised plan, the HK$22,970,000 in proceeds will be allocated across expenses such as rent, rates, and building management fees of approximately HK$3,764,000; salary and allowance of about HK$15,052,000; legal and professional fees of around HK$3,300,000; and miscellaneous items of roughly HK$854,000.

Additionally, the company corrected information regarding the Subscriber F, clarifying that it is a Hong Kong-incorporated entity owned 60% by Fan Changqing and 40% by Fan Jianbin. The company stated that completion of the Subscriptions remains subject to the conditions detailed in the Subscription Agreements, and investors should exercise caution when dealing in its shares. The announcement was dated 27 October 2025.