Core Viewpoint - Zhongce Capital Holdings (00235.HK) has entered into a share subscription agreement to invest in AccX Limited, a digital payment service provider in Southeast Asia, for a total consideration of $4.371 million, which will enhance the company's financial performance and diversify its business operations in the region [1]. Group 1 - The lead investor, a wholly-owned subsidiary of the company, will subscribe to 255,000 convertible preferred shares of AccX Limited [1]. - Upon completion, AccX Limited will become an indirect non-wholly-owned subsidiary of the company, and its financial results will be consolidated into the group's financial statements [1]. - The management believes that the target company's strong fintech capabilities and experience in mainland China can be effectively applied to the Southeast Asian market [1]. Group 2 - The management is confident about the growth potential of the Southeast Asian economy and payment services market, viewing this transaction as part of the group's financial business investment strategy [1]. - The transaction is expected to create strong synergies with another acquisition of Citystate Savings Bank, Inc., enhancing its digital transformation efforts [1]. - The target company's management team is recognized for its excellent track record, which is anticipated to contribute positively to the overall business strategy [1].