Key Highlights for Investors

• Offer Price Set: The Offer Price for the H Shares has been determined at HK\$209.88 per H Share. This price is exclusive of brokerage fees (1%), SFC transaction levy (0.0027%), Stock Exchange trading fee (0.00565%), and AFRC transaction levy (0.00015%).
• Offer Size Adjustment Option Exercised: The Company has exercised the Offer Size Adjustment Option in full. As a result, an additional 12,502,000 Offer Shares will be issued and allotted, representing approximately 15.0% of the total number of Offer Shares initially available under the Global Offering.
• Important Dates:
  • Details of the level of indications of interest in the International Offering, applications for Hong Kong Offer Shares, basis of allocations, and results will be announced on Monday, April 20, 2026.
  • Conditional Dealings: If the Global Offering becomes unconditional at or before 8:00 a.m. on Tuesday, April 21, 2026, dealings in the H Shares will commence at 9:00 a.m. on the Main Board.
  • H Shares will be traded in board lots of 100 H Shares each.
• Stabilization Actions Possible: J.P. Morgan Securities (Asia Pacific) Limited has been appointed as the Stabilizing Manager. The Stabilizing Manager may take actions to support the market price of the H Shares for a limited period, but is under no obligation to do so. Any stabilization must end within 30 days of the last day for lodging applications under the Hong Kong Public Offering, which is Saturday, May 16, 2026. After this period, the demand and price for H Shares could decline.
• Termination Rights: The Joint Sponsors and Sponsor-Overall Coordinators reserve the right to terminate the Hong Kong Underwriting Agreement immediately upon the occurrence of specific events, as detailed in the Prospectus. This can be done at any time before 8:00 a.m. on the Listing Date, potentially influencing the offering and share price.
• Important Legal Disclaimers: The announcement reiterates that the securities are not being offered in the United States or any other jurisdiction where such offers are prohibited. The securities have not been, and will not be, registered under the U.S. Securities Act, and may only be offered in accordance with applicable exemptions.

Board Composition

As of the date of the announcement, the Board of Victory Giant Technology (HuiZhou) Co., Ltd. consists of:

• Executive Directors: Mr. Chen Tao (Chairman), Mr. Zhao Qixiang, Mr. Chen Yong, Ms. Wang Haiyan
• Non-Executive Director: Ms. Liu Chunlan
• Independent Non-Executive Directors: Mr. Xie Lanjun, Dr. Xie Lingmin, Dr. Zhang Jihai
• Proposed Independent Non-Executive Director: Mr. Wong Ting Chung

Potential Price-Sensitive Information

• Offer Price and Size Adjustment: The final Offer Price and the full exercise of the Offer Size Adjustment Option may affect supply and demand dynamics, potentially impacting the initial trading price.
• Stabilization Period: Shareholders should note that price stabilization actions can only be taken for a limited period. Once the stabilization period ends, the price of H Shares may become more volatile.
• Termination Clause: The possibility for immediate termination of the underwriting agreement by the sponsors is a material risk factor that could influence both the success of the offering and subsequent share price performance.
• Unconditional Listing: The commencement of trading is contingent upon the Global Offering becoming unconditional. Any delays or issues in this process may impact investor sentiment and share price.

Investor Actions and Next Steps

• Investors are urged to review the Prospectus for full details before making any investment decisions regarding the Offer Shares.
• Monitor the upcoming announcement on April 20, 2026, for allocation results and indications of demand.
• Be aware of the key dates and the stabilization period end, as these may affect trading dynamics and share price movements.

Disclaimer

This article is for informational purposes only and does not constitute investment advice or an offer to purchase securities. Investors should carefully review the official Prospectus and consult their financial advisors before making any investment decisions. The information provided here is based on the official announcement from Victory Giant Technology (HuiZhou) Co., Ltd. and may be subject to change. Market conditions and company actions may materially affect share price performance.

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