ZHONGSHENJIANYE (02503) proposes to discount approximately 15.49% of the total issuance of approximately 124 million subscribed shares.

ZHONGSHENJIANYE (02503) announced that on July 2, 2025, the Company entered into six subscription agreements with six subscribers at a subscription price of HK$0.60 per share to subscribe for a total of approximately 124 million shares. The 124 million subscribed shares represent 20.00% of the Company's issued share capital as of the date of this announcement; and approximately 16.67% of the Company's issued share capital after the issuance and subscription of the shares (assuming no other changes in the Company's issued share capital from the date of this announcement until the completion of the subscription). The total face value of the subscribed shares is HK$1.2355 million. The subscription price of HK$0.60 per share represents a discount of approximately 15.49% to the closing market price of HK$0.71 per share on the Stock Exchange of Hong Kong (SEHK) on July 2, 2025 (the date of the subscription agreement); and a discount of approximately 20.00% to the average closing market price of HK$0.75 per share on the SEHK for the five consecutive trading days immediately preceding the subscription agreement date.