Core Viewpoint - ZTE Corporation (00763) has successfully completed the issuance of bonds totaling RMB 3.584 billion, with net proceeds of approximately USD 494 million (equivalent to about RMB 3.543 billion) intended for enhancing the company's computing power product research and development [1] Group 1 - The bond issuance was completed on August 5, 2025, with all preconditions of the subscription agreement met [1] - The net proceeds from the bond subscription will be used to strengthen the company's investment in computing power product R&D [1] - The bonds are expected to be listed and traded on the Hong Kong Stock Exchange starting August 6, 2025 [1]

Core Viewpoint - Dingyi Group Investment (00508) has announced a conditional agreement to issue convertible bonds totaling HKD 980 million, with a preliminary conversion price of HKD 0.328 per share [1] Group 1: Convertible Bonds - The total principal amount of the convertible bonds is HKD 980 million, which can be converted into shares at a preliminary conversion price of HKD 0.328 per share [1] - If the conversion rights of the convertible bonds are fully exercised, the company will issue a total of 2.988 billion shares, representing approximately 351.23% of the company's existing issued share capital and about 77.84% of the enlarged issued share capital after the conversion [1] Group 2: Share Capital Increase - The company proposes to increase its authorized share capital from HKD 200 million (divided into 2 billion shares) to HKD 500 million (divided into 5 billion shares) by adding 3 billion unissued shares [1] - The increase in authorized share capital is subject to approval by shareholders at a special general meeting [1]

Group 1 - The company announced agreements with various subscribers to issue a total of 19.34 million shares at a subscription price of approximately HKD 0.04801 per share [1] - The company also entered into agreements to issue convertible bonds amounting to HKD 15 million each to three different subscribers, with a conversion price of HKD 0.04801 per share [2] - The total gross proceeds from the subscription are approximately HKD 2.79 million, with a net amount of approximately HKD 2.52 million, which will be used to repay group debts and provide working capital [2] Group 2 - The board believes that raising funds through the subscription is reasonable given the recent market conditions, and it provides an opportunity to enhance the company's working capital and financial position [2] - The subscription not only offers fundraising opportunities but also expands the company's shareholder base and capital foundation [2]