ZENERGY (03677) completed the allocation of 45.921 million shares, raising approximately HK$500.4 million.

ZENERGY (03677) announced that all conditions under the placement agreement have been met and the placement was completed on October 24, 2025. According to the terms and conditions of the placement agreement, the exclusive placement agent has successfully placed 459.21 million shares at a placement price of HK$10.98 per share to no less than six subscribers. The company has received net proceeds of approximately HK$500.4 million from the placement.