Jiayi Holdings (01025.HK) issued an announcement. On April 11, 2024, the company, the seller Strategic Elite Limited and the placement agent entered into a new placement and subscription agreement. The seller agreed to appoint a placement agent and the placement agent agreed to act as the seller's agent to arrange for no less than 6 carriers to purchase a total of 168 million existing shares at the purchase price according to the best effort basis; and the seller conditionally agreed to subscribe at the subscription price (same as the purchase price) and the company conditionally agreed to sell to the seller at the subscription price (same as the purchase price) and distribution A total of 168 million new shares. Each situation is subject to the terms contained in the old and successive new placement and subscription agreements and the conditions contained in the old and successive new placement and subscription agreements.