Gelonghui, May 31 | Zhixing Group Holdings (01539.HK) issued an announcement. The company received an exchange notice from the subscribers and their nominees to exercise the exchange rights attached to the first batch of convertible bonds with a principal amount of 2.5 million US dollars at an initial exchange price of HK$0.33 per common share. As a result, the company allotted and issued 59.09 million exchange shares to the subscribers and their nominees on May 31, 2024.

After the exchange, 59.09 million exchange shares have been issued, which in all respects enjoy the same status with each other as all other existing issued common shares, accounting for about 1.8% of the total number of common shares issued by the company before the exchange, and about 1.7% of the total number of common shares issued by the company after the exchange was expanded through allotment and issuance of exchange shares