FOURTH PARADIGM (06682) completed the placement of a total of 27.92 million H shares.

FOURTH PARADIGM (06682) announced that all conditions stipulated in the placement agreement have been met, and the placement will be completed on February 13, 2025, in accordance with the terms of the placement agreement. According to the terms and conditions of the placement agreement, the placement agent has successfully placed a total of 27.92 million shares at a placement price of HK$50.20 per share to no fewer than six subscribers, equivalent to approximately 10.46% of the total number of H shares issued prior to the completion of the placement, and approximately 5.99% of the total number of shares issued; and the total number of H shares issued will be increased by approximately 9.47% and the total number of shares issued will be increased by approximately 5.65% after the placement and issuance of the placement shares.