Jiufang Intelligent Investment Holdings Limited (09636.HK) plans to sell 20 million shares through a first come, first served basis, raising approximately HK$746 million.

Zhixin Finance APP News, Jiufang Zhitou Holdings (09636.HK) announced that on July 16, 2025, the company, existing shareholders, and placement agents entered into a placement and subscription agreement. Existing shareholders agreed to sell, and the placement agents agreed individually (not jointly or collectively) to act as agents for existing shareholders, and made best efforts to persuade underwriters to purchase 20 million placement shares at a price of 39.25 Hong Kong dollars per share; and existing shareholders conditionally agreed to subscribe, and the company conditionally agreed to issue subscription shares to existing shareholders under general authorization at a price equivalent to 39.25 Hong Kong dollars per placement share (the number of subscription shares must be the same as the number of placement shares actually sold by the placement agents under the placement and subscription agreement).