ZERO2IPO (01945.HK): Units Subscribe to Wealth Management Products of USD 5.0 Million
NewTimeSpace News: On 13 August 2026, Zero2IPO Holdings Inc. (stock code: 01945) announced that its indirect wholly-owned subsidiary Qingke Hong Kong subscribed to wealth management products offered by Pingfanghe Capital Limited with a principal amount of USD 5.0 million; its indirect wholly-owned subsidiary Beijing Qingke had previously subscribed to products offered by Ningbo Pingfanghe with a principal amount of RMB 3.0 million.
As the two subscriptions are combined for percentage ratio calculation under the Listing Rules because the products are offered by entities ultimately controlled by the same person and are of similar nature, the highest applicable percentage ratio exceeds 5% but is below 25%, constituting a discloseable transaction exempt from shareholders' approval. Both products are non-principal-guaranteed floating income products with no fixed term, with expected annual returns of 13.72% and 25.83% respectively based on historical performance. The subscriptions are funded by the Group's surplus cash reserves and are intended for wealth management purposes.
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