Zhongze Feng (01282.HK) plans to discount approximately 15.8% to issue up to 2.32 billion shares, raising approximately 294 million Hong Kong dollars.

The China Mining APP reported that China Ze Feng (01282.HK) issued an announcement that after the trading session on August 26, 2025, the company entered into a placing agreement with placing agents. According to this agreement, the company has conditionally agreed to place a maximum of 2.32 billion shares at a price of HK$0.128 per share to no less than six placing agents. The placing price represents a discount of approximately 15.8% compared to the closing price of HK$0.152 per share reported by the Exchange on the date of the placing agreement.