Enterprise Development plans placing up to 48,970,000 shares at HK$ 1.08 each

• Enterprise Development Holdings launched placement of up to 48,970,000 new shares at HK$ 1.08 each, raising up to HK$ 52.89 million gross.
• Deal size equals 20% of existing share capital, implying 16.66% dilution on enlarged basis.
• Placement price implies 19.4% discount to HK$ 1.34 close on May 15.
• Net proceeds expected at about HK$ 52.27 million, with 80% earmarked for operating expenses tied to PRC hardware and software services.
• Shares to be placed to at least six independent investors; completion subject to Hong Kong listing approval, with long stop date set for June 12, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Enterprise Development Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260515-12161248), on May 15, 2026, and is solely responsible for the information contained therein.