- Zhixin completed subscriptions of 149.6 million new shares under a general mandate at a price of HKD 0.68 per share.
- Net proceeds were about HKD 101.4 million, with the shares representing 16.67% of issued share capital after the allotment.
- The company said the proceeds will be used for construction of an iron ore tailings production line and for general working capital.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhixin Group Holding Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260320-12060454), on March 20, 2026, and is solely responsible for the information contained therein.