Zhongguancun Technology Leasing (01601) completed domestic stock subscription

According to Zhitong Finance App, Zhongguancun Technology Leasing (01601) issued an announcement. All the prerequisites for each share subscription agreement set out in the “Prerequisites for Each Share Subscription Agreement” section of the circular have been met, and the domestic stock subscription matters were completed on July 4, 2025 in accordance with the terms and conditions of each share subscription agreement. The Company has received a registration certificate for new domestic shares issued by China Securities Registration and Settlement Co., Ltd. dated July 4, 2025, and the Company has allocated and issued 282 million subscribed shares at a subscription price of RMB 1.81 (equivalent to approximately HK$1.98) per subscription share in accordance with special authorization sought from independent shareholders at the EGM. The subscribed shares account for approximately 21.13% of the Company's issued share capital immediately prior to completion of the domestic share subscription, and approximately 17.45% of the Company's issued share capital immediately after the completion of the domestic stock subscription.

The net proceeds from domestic stock subscriptions (after deducting related costs and expenses) will be approximately RMB 507 million (equivalent to approximately HK$555 million). The Company intends to use the net proceeds from domestic stock subscription transactions (after deducting related costs and expenses) to supplement the Company's general working capital to develop financial leasing business (net proceeds of approximately 90.00% or RMB 456 million (equivalent to approximately HK$499 million)) and industry-finance combined business (net proceeds of approximately 10.00% or RMB 51 million (equivalent to approximately HK$56 million)).