According to PANews, ZhongAn Online announced on the Hong Kong Stock Exchange that ZhongAn International and ZhongAn Technology, among others, signed a share purchase agreement, and ZhongAn Technology agreed to subscribe for up to 135,423,860 ordinary shares of ZhongAn International at a price of $0.4225 per share.
ZhongAn International previously led the $40 million Series A2 financing for Yuanbi Technology and signed a strategic cooperation memorandum with ZhongAn Bank to jointly explore the compliant application of stablecoins in financial services.