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ZhongAn Online: ZhongAn Technology plans to increase its capital to ZhongAn International, which has entered into a share purchase agreement with Cosmos, OKG, etc

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2025-08-31 15:12:00
According to an announcement by ZhongAn Online on the Hong Kong Stock Exchange, on August 29, 2025 (after the trading hours), ZhongAn International entered into a share purchase agreement with ZhongAn Technology, Z Fin, Warrior, Opportunities Fund, Cosmos, OKG and Northstar.
Accordingly, ZhongAn Technology conditionally agrees to subscribe, and ZhongAn International conditionally agrees to issue and distribute up to 135,423,860 ZhongAn International ordinary shares at a purchase price of USD 0.4225 per ZhongAn International ordinary share;
Upon completion of the Subscription and concurrently, as the purchase price of each ZhongAn International common share under the Subscription is lower than the adjusted purchase price under the previous Shareholders Agreement, the anti-dilution mechanism under the previous Shareholders Agreement will be triggered, and 3,739,800, 4,313,294, 199,908 and 999,541 ZhongAn International common shares will be issued to ZhongAn Technology, Z Fin, Warrior and Opportunities Fund free of charge.
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