ZHONGAN GROUP plans to sell up to 48.3 million shares of ZhongAn Smart, netting approximately HKD 168.5 million
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ZHONGAN GROUP plans to sell up to 48.3 million shares of ZHONGAN Smart through a placement agent, expecting to raise approximately HKD 168.5 million net. Each placement share is priced at HKD 3.53, representing a discount of about 15.14% to the market price. The funds raised will be used to strengthen the development of the group's core business, including investing in new industries and expanding market share. After the placement is completed, ZHONGAN GROUP will indirectly hold approximately 64.1% of the shares of ZHONGAN Smart
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