Zhongze Feng (01282) has completed the placement of a total of 2.32 billion shares.

The Zhongze Feng (01282) announced that all conditions of the placement agreement were met on November 5, 2025, and the placement was completed on November 7, 2025. The placement agent successfully sold a total of 2.32 billion shares at a price of HK$0.128 per share to no fewer than six underwriters under special authorization. One of the underwriters, Sun Rock Ventures Limited (Sun Rock), became a major shareholder of the company after the placement. The net proceeds from the placement amount to approximately HK$294 million, equivalent to a net issue price of approximately HK$0.127 per share.