Zhitong Finance App News, Yashiwei (01993) issued an announcement. On November 2, 2026, the company signed a subscription agreement with the subscriber Space Management Limited. According to this, the subscriber conditionally agreed to subscribe, and the company conditionally agreed to issue permanent secondary convertible securities with a capital amount of HK$40 million, which can be converted into exchangeable shares at the initial exchange price of HK$0.455 (subject to adjustment).

Assuming that the share exchange rights attached to the permanent secondary convertible securities are fully exercised at the initial share exchange price, the company will issue a total of 87.912 million shares, accounting for about 18.13% of the company's current issued share capital, and about 15.35% of the company's expanded issued share capital. The net proceeds from the issuance of perpetual sub-prime convertible securities will be approximately HK$39.7 million, which is intended to be used as the Group's general working capital.

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