• WellCell launched a top-up placing to sell up to 796,000,000 existing shares at HK$ 0.24 each.
• Vendor Hang Feng International will subscribe for up to 796,000,000 new shares at HK$ 0.24 to match placed shares.
• Net proceeds estimated at HK$ 187.96 million, mainly to fund AI computing power platform development and secure computing power resources.
• Deal implies 7.69% discount to the prior close of HK$ 0.26; shares outstanding would rise to 4,796,000,000 if fully subscribed.
• Hang Feng’s stake would shift from 29.9% to 10% post-placing, then to 24.94% following the top-up subscription.

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. Wellcell Holdings 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-20260713-12242734), on July 13, 2026, and is solely responsible for the information contained therein.