Zero2IPO Holdings Inc. (1945) disclosed additional details regarding its 2024 annual report, highlighting a subscription of a principal-guaranteed fixed-interest note offered by GF Global Capital on April 30, 2024. The subscription involved US$6 million with a 6.03% expected annual return rate and a term of one year. As of December 31, 2024, the investment remained outstanding, recorded at a fair value of approximately US$6.2 million, representing around 5.89% of the company’s total assets. The company announced fair value gains of US$0.2 million for this product during the reporting period.
GF Global Capital, an indirect wholly owned subsidiary of GF Securities Co., Ltd., focuses on investment trading, covering multiple regions and asset classes, including fixed-income products and alternative investments. According to the supplemental announcement, all other information within the 2024 annual report remains unchanged.