ZHIXIN GP HLDG (02187) has announced that all conditions precedent under the subscription agreement have been fulfilled. The share subscription was completed on March 20, 2026, in accordance with the terms and conditions of the agreement. A total of 149.6 million subscription shares, representing approximately 16.67% of the company's enlarged issued share capital following the issuance, were allotted and issued to the subscriber at a price of HK$0.68 per share. The net proceeds from the subscription, amounting to approximately HK$101.4 million, are intended to be used for the construction of a production line for iron ore tailings and for general working capital purposes.