Shanghai Zhida Technology prices private placement of 19,125,650 H shares at HK$ 10.98 each

• Shanghai Zhida Technology Development announced a best-efforts placing of up to 19,125,650 new H Shares at HK$ 10.98 each.
• Deal targets at least six investors; completion would raise about HK$ 210 million gross, about HK$ 205.78 million net.
• Price implies an 11.88% discount to the prior close of HK$ 12.46; shares equal about 6.01% of enlarged H Shares.
• Proceeds earmarked for product R&D, robotics engineering and manufacturing expansion, overseas market development, working capital.
• Shares to be issued under a general mandate; no shareholder vote required.

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. Shanghai Zhida Technology Development Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260623-12211206), on June 22, 2026, and is solely responsible for the information contained therein.