• Graphex Group completed a placement of 188,260,000 shares at HKD 0.05 each on October 27, 2026.
• The placement raised approximately HKD 8.9 million in net proceeds from at least six investors.
• New shares represented 16.67% of enlarged issued share capital; no investor became a substantial shareholder.
• Proceeds are earmarked for staff remuneration, American Depository Shares program termination fees and other professional or operating expenses.
• Outstanding warrants’ exercise price fell from HKD 0.17 to HKD 0.05; underlying warrant shares increased from 157,507,352 to 535,525,000.

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. Graphex Group 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-20261027-12384502), on October 27, 2026, and is solely responsible for the information contained therein.