According to Zhitong Finance App, Weilu Technology Co., Ltd. (01196.HK) announced that after the trading session on the Stock Exchange on November 11, 2026, the Company and Merrill Lynch Holdings entered into a loan capitalization agreement. According to this, the two parties have agreed conditionally that the capitalized loan amount of approximately HK$2,547 billion will be settled by the Company to Merrill Lynch Holdings at an issue price of HK$0.22 per convertible preferred share.

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