Xin Zhi Holdings (02166.HK) plans to discount approximately 15.01% to sell up to 97.7362 million shares, netting approximately HK$291 million.

Zhixin Holdings (02166.HK) announced on the Zhitong Finance APP that on June 22, 2026 (after the trading hours of the Stock Exchange of Hong Kong), the company entered into a placement agreement with a placing agent. According to the agreement, the placing agent agreed to act as the company's agent to use best efforts to solicit no less than six placees (the placees and their ultimate beneficial owners should be independent third parties) to subscribe for up to 97.7362 million shares of placing shares at a placing price of HK$3.00 per share. Assuming that from the date of this announcement to the completion date, the company's issued share capital remains unchanged, the maximum of 97.7362 million placing shares represents approximately 20.00% of the company's existing issued share capital as at the date of this announcement; and the company's enlarged issued share capital after the placement and issuance of all placing shares will be approximately 16.67%.