Core Viewpoint - The company, Hezhima (000716), announced a subscription agreement to issue a total of 30.1319 million subscription shares at a price of HKD 18.88 per share, aiming to raise approximately HKD 568 million for strategic investments in the AI and semiconductor sectors [1] Group 1: Subscription Agreement Details - The subscription agreement was made with Shanghai Jixin Enterprise Management Partnership (Limited Partnership), Shanghai Shuangchuang Jinhong Enterprise Management Limited, and Spread Com Limited [1] - The total number of shares to be issued is 30.1319 million at a subscription price of HKD 18.88 per share [1] Group 2: Fund Utilization - Approximately 90% of the net proceeds, around HKD 511.2 million, will be allocated for strategic mergers and acquisitions and investments in high-quality companies or assets in the fields of AI chips, semiconductor supply chain, robotics, and related advanced technologies [1] - The remaining 10%, approximately HKD 56.8 million, will be used for general working capital [1]