Fangyuan Life Services (09978) completed the share subscription agreement and the share warrant subscription agreement

Zhitong Finance App News, Fangyuan Life Service (09978) announced that all conditions of the share subscription agreement have been fulfilled, and the share subscription agreement was completed on November 13, 2026. 247.6 million subscribed shares, 76.2 million subscribed shares and 46.2 million subscribed shares have been allocated and issued to the offender, SYSTEM Overseas Limited and Beaming Light Holdings Limited in accordance with the terms and conditions of the share subscription agreement, respectively. The subscription price is HK$0.14 per subscribed share.

All terms of the warrants subscription agreement have been fulfilled, and the warrants subscription agreement was completed on November 13, 2026 in accordance with the terms and conditions of the warrants subscription agreement. Following completion of the warrants subscription, the Company has distributed and issued 77 million warrants to Mattar Hill Development X Limited, giving it the right to subscribe for a total of 77 million share warrants at an exercise price of HK$0.50 (subject to adjustment) per share of the warrants during the exercise period. The exercise period is from the date the certificate certifying the share warrant is issued until the end of business hours on the day three years after the date of issue (that is, the place where the certificate certifying such warrants is surrendered to exercise the subscription right). The Company is not required to pay cash consideration for issuing warrants.