Zhitong Finance App News, China Red Envelope (08316) announced that on April 24, 2024, the company plans to issue 41.666 million subscription shares to Zhang Xiaoping. The subscription price is HK$0.12 per share, a premium of about 4.3% over the closing price of HK$0.115 per share. The total subscription amount payable by the subscribers under the subscription agreement will be repaid in the form of capitalization of part of the company's debt payable to the subscribers.