Zhong Ji Longevity Science Group Limited (SEHK:767) announced a best effort basis private placement of 250,000,000 Placing Shares at a price of HKD 0.65 per share for gross proceeds of HKD 162,500,000? and 77,000,000 Subscription Shares at a price of HKD 0.65 per share for the gross proceeds of HKD 50,050,000; for the aggregate gross proceeds of HKD 212,550,000 on May 10, 2021. The transaction will include participation from Yan Li, the chairman of the Board and an executive Director for 77,000,000 Subscription Shares. The securities issued in the transaction are subject to one year hold period. The transaction is subject to approval from shareholders of the company at SGM.