Z FIN (HKEX: 01168) and the offeror, ASIA PACIFIC PROMOTION LIMITED, have jointly announced a proposal for the company's privatization.

The proposal, received by the board from the offeror after market close on July 9, 2026, involves a scheme of arrangement under the Companies Ordinance to take the company private.

The plan entails the cancellation of scheme shares, with cash consideration of HK$6.60 paid to scheme shareholders per cancelled share, and the subsequent delisting of the company's shares from the Stock Exchange.

The offer price of HK$6.60 per share represents a premium of approximately 61.37% over the closing price of HK$4.09 per share on the last trading day prior to the announcement.

The maximum total cash consideration payable by the offeror under this proposal is approximately HK$1.019 billion.

Additionally, the company has applied to the Stock Exchange for a resumption of trading of its shares, effective from 9:00 a.m. on July 22, 2026.

As of the announcement date, the offeror is the company's controlling shareholder, with Mr. Ou Yaping being its sole shareholder.

The principal business of the offeror is investment holding.