Huanxi Media Group Limited (1003) released a supplemental announcement detailing revisions to the Share Subscription Agreement and the Warrant Subscription Agreement, originally announced on November 11, 2025.

According to the announcement, the number of new shares to be allotted under the Share Subscription Agreement has been increased from 548,470,854 to 727,638,000, representing approximately 19.90% of the existing issued share capital and about 16.60% of the enlarged share capital. The updated figures indicate a gross subscription proceeds of roughly HK$218,290,000 and net proceeds of approximately HK$218,000,000.

The document also confirms that the number of Warrants to be issued has been revised downward from 1,889,000,000 to 731,294,472, potentially generating HK$7,313,000 in gross proceeds and HK$7,100,000 in net proceeds if fully subscribed. In total, combining the share subscription and warrant subscription, the net proceeds reach about HK$225,100,000. These proceeds are earmarked for the company's investments in advanced technology, including artificial intelligence in film and television production, new business opportunities in interactive entertainment and game development, and film and TV program rights, as well as general working capital.

If the Warrants are exercised in full at the initial exercise price, gross proceeds of about HK$321,770,000 and net proceeds of roughly HK$321,600,000 are expected. The shareholding structure will shift accordingly, with the Subscriber moving from 0% to about 16.60% ownership post-Subscription, and potentially reaching 28.52% after full Warrant exercise.

The announcement specifies that the share and warrant subscriptions remain inter-conditional. Huanxi Media Group Limited also confirmed that trading in its shares on the Stock Exchange will resume on November 13, 2025, following a temporary suspension initiated on November 12, 2025.