ZERO2IPO (01945) subsidiary subscribed to a $3.5 million financial product.

ZERO2IPO (01945) announced that on January 22, 2025, its indirectly wholly-owned subsidiary, Qiming Hong Kong, has subscribed to a financial product with a principal amount of $3.5 million USD issued by Fosun. Prior to this subscription, Qiming Hong Kong had subscribed to financial products with a total principal amount of $1.6 million USD issued by Fosun from September 26, 2024 to October 23, 2024, which have not yet been redeemed as of the date of this announcement. On the same day, Qiming Hong Kong also subscribed to a financial product with a principal amount of $7.5 million USD issued by UBS Group London Branch.