Zhitong Finance App News, Vapsiri Metaverse (08093) and offender Invengo Technology Pte. Ltd. jointly announced that on October 26, 2026, the company plans to invest in Invengo Technology Pte. Ltd., Mr. Xu Chaoyang, Ms. Tang Xiuping and Mr. Ye Zhonghua each issued 12 million subscription shares, 8 million subscription shares, 3.5 million subscription shares and 500,000 subscription shares, accounting for approximately 16.3%, 10.9%, 4.8% and 0.7% of the expanded issued share capital, respectively. Each subscribed share was HK$1.68, with a net raise of HK$38.3 million.

Following the completion of all subscription agreements, the Offeror and those acting in concert (including Subscriber II) will have an interest in 31673.15 million shares, equivalent to approximately 43.1% of the expanded issued share capital. After the completion of subscription agreement I, Lanliang Capital will make an offer of HK$1.68 per share on behalf of the offender, with a discount of approximately 25.3% per share from the closing price of HK$2.25 per share reported on the Stock Exchange on the last trading day.

According to reports, Invengo Technology (as subscriber I and offender) is directly wholly owned by Yuanwang Valley. Yuanwang Valley is a company incorporated in China and listed on the Shenzhen Stock Exchange (stock code: 002161). It is a supplier of radio frequency identification (RFID) technology, products and system solutions. Mr. Xu Chaoyang is Subscriber II and Chairman and Director of Yuanwang Valley.

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