格隆汇October 25th | aceso life sci (00474.HK) announced that on October 3, 2024, the company's indirectly non-wholly-owned subsidiary Haotian International Construction Investment and Subscription Agent entered into a subscription agreement, whereby, Haotian International Construction Investment agreed, subject to certain conditions, to subscribe through the subscription agent to not less than six underwriters (who and their ultimate beneficial owners are independent third parties separate from the company and its related parties) for a total of up to 1,524,224,000 shares at a subscription price of 0.4 Hong Kong dollars per share.

The maximum number of shares to be subscribed under the subscription item is 1,524,224,000 shares, equivalent to approximately 20.00% of the existing issued share capital of 7,621,152,835 shares of Haotian International Construction Investment as of the date of this announcement, and approximately 16.67% of the enlarged issued share capital after the full issue and issuance of subscription shares (assuming the number of shares does not change). The subscription price of 0.4 Hong Kong dollars represents a discount of approximately 21.57% compared to the closing market price per share of 0.510 Hong Kong dollars of Haotian International Construction Investment shares on the stock exchange on the subscription agreement date; the company has applied to the stock exchange for the resumption of trading of shares on October 28, 2024 (Monday) at 9:00 am.