Shenzhen Xunce Technology places 7,283,000 new H shares at HK$ 107.7 each, raising HK$ 784 million

• Shenzhen Xunce Technology announced a best-efforts placing of 7,283,000 new H shares under a general mandate.
• Placing price HK$ 107.7 per share, a 13% discount to the prior close of HK$ 123.8.
• Gross proceeds expected at about HK$ 784 million; net proceeds about HK$ 771 million.
• New shares equal about 2.3% of issued share capital pre-placing; about 2.2% on an enlarged basis.
• Proceeds earmarked for AI data infrastructure investment, commercialization expansion, overseas rollout; working capital.

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. Shenzhen Xunce Technology 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-20260703-12230457), on July 03, 2026, and is solely responsible for the information contained therein.