Zhitong Finance App News, Jiufang Smart Investment Holdings (09636.HK) issued an announcement. On July 16, 2025, the company, the existing shareholders and the placement agent entered into a placement and subscription agreement. The existing shareholders agreed to sell, and the placement agents each (not jointly, nor jointly and individually) agreed to act as agents of the existing shareholders, and based on best efforts, the undertakers purchased 20 million shares at an placement price of HK$39.25 per share; and the existing shareholders have conditionally agreed to the subscription in accordance with the general allotment mandate and the placement agent Issuance of subscribed shares to For existing shareholders, the price is equivalent to the placement price of HK$39.25 per placed share (the number of such subscribed shares must be the same as the number of placed shares actually placed by the placement agent in accordance with the placement and subscription agreement).

Zhitong Finance App News, Jiufang Smart Investment Holdings (09636.HK) issued an announcement. On July 16, 2025, the company, the existing shareholders and the placement agent entered into a placement and subscription agreement. The existing shareholders agreed to sell, and the placement agents each (not jointly, nor jointly and individually) agreed to act as agents of the existing shareholders, and based on best efforts, the undertakers purchased 20 million shares at an placement price of HK$39.25 per share; and the existing shareholders have conditionally agreed to the subscription in accordance with the general allotment mandate and the placement agent Issuance of subscribed shares to For existing shareholders, the price is equivalent to the placement price of HK$39.25 per placed share (the number of such subscribed shares must be the same as the number of placed shares actually placed by the placement agent in accordance with the placement and subscription agreement).