Zhongan Group (00672.HK) plans to issue approximately 1.96% premium over the total number of Zhongan Smart shares, representing approximately 7.15%. The net proceeds are estimated to be around HK$74.96 million.

date
01/12/2025
ZhongAn Group (00672.HK) announced that on December 1, 2025, the company entered into a placement agreement with the placing agent. According to the agreement, the company agreed to place up to 37 million shares at the placing price to the placing agent or its representatives to be identified by the best efforts benchmark, not less than six independent placees, equivalent to approximately 7.15% of the total ZhongAn Smart shares issued as of the announcement date.