• Pateo Connect announced a placing of up to 4,888,960 new H shares at HK$ 120.28 each under its general mandate.
• Gross proceeds expected at about HK$ 588.04 million; net proceeds about HK$ 578.34 million; completion targeted on or before Sept. 10, 2026.
• Pricing set at a 14.39% discount to the Sept. 7 close of HK$ 140.5; shares equal about 5.9% of existing H shares.
• Proceeds earmarked 40% for strategic M&A and investments; 60% for working capital and general corporate purposes.
• Placing agents to place shares with at least six investors on a best-efforts basis; one placee accepted a 12-month lock-up.

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. Pateo Connect Technology (Shanghai) Corporation 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-20260908-12324043), on September 07, 2026, and is solely responsible for the information contained therein.