Hong Kong,, July 7, 2025 / Prnewswire / – Zhongan online P & C Insurance Co., Ltd. (“Zhongan“or the”Business“; Hkex: 6060) announced on July 4 the successful completion of its placement due to H, increasing the gross product by approximately $ 3.92 billion HK ($ 500 million). This has marked the company’s first equity funding since its 2017 IPO and means an important step in increasing its growth strategy.
A total of 215 million HNE shares were issued to HK $ 18.25 By action, representing approximately 12.76% of the expired share capital of the company. The placement has reached significant recognition of the market as the largest placement of 100% primary in the world by a fintech company in 2025 years up to date; the greatest main placement by an insurance company in Hong Kong Over the past decade; and the greatest placement in actions in Hong Kong financial sector in the past three years.
The net product of placement will strengthen Zhongan’s capital base to accelerate its business development:
- 60% will be used for its insurance and asset management subscription companies;
- 30% will be used to support its investment in Fintech innovations; And
- The remaining 10% will be used for general purposes of the company.
Zhongan’s board of directors said: “This successful placement is a transformative step in Zhongan’s evolution. The capital infusion strengthens our double -engine strategy – leading to the growth of the main insurance while expanding technology -oriented solutions. Thanks to disciplined deployment, we will further unlock the actors.”
The placement highlights solid investors’ confidence in Zhongan’s vision to redefine insurance and finance thanks to digital innovation.
About Zhongan:
As the first internet -based sound -based company in ChinaZhongan redefines insurance with advanced technology and innovative commercial models. The company operates on a double -engine “insurance + technology” strategy, integrating end -to -end technology into the insurance chain. This deep integration allows subscription, distribution and service innovation while unlocking new efficiency. By taking advantage of user digital lifestyles via proprietary platforms and ecosystem partners, Zhongan offers innovative and accessible insurance solutions adapted to the evolution of protection needs. Its approach focused on ecosystem creates a lasting value for users while redefining industry standards.
Contact on investor relations:
Zhongan investor relations team: Ir@zhongan.com
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Source Zhongan Online P&C Insurance Co., Ltd.
