Group 1 - The company has entered into a placement agreement with a placement agent to facilitate the subscription of up to 10 million new H-shares at a price of HKD 25.08 per share [1] - The shares being placed represent approximately 4.15% of the company's existing H-shares and about 2.63% of the total existing shares [1] - The placement price reflects a discount of approximately 14.98% compared to the closing price of HKD 29.50 on November 14, 2025 [1] Group 2 - If all placement shares are fully subscribed, the total proceeds are expected to be approximately HKD 250.8 million, with net proceeds around HKD 240 million [1]

Core Viewpoint - Boretton (stock code: 1333) announced a financing plan through the placement of new H-shares, aiming to raise approximately HKD 250 million, with net proceeds expected to be around HKD 240 million after expenses [1] Group 1: Financing Details - The company plans to issue 10,000,000 new H-shares at a placement price of HKD 25.08, which represents a discount of approximately 15.0% compared to the previous trading day's closing price of HKD 29.50 [1] - The placement price also reflects a discount of about 17.1% compared to the average closing price over the last five trading days [1] - The new shares will account for approximately 2.6% of the existing issued share capital and about 2.57% of the enlarged share capital post-financing [1] Group 2: Use of Proceeds - Approximately HKD 170 million of the raised funds will be allocated for the investment and development of overseas photovoltaic and energy storage projects [1] - Around HKD 40 million will be used to repay interest-bearing loans [1] - Another HKD 40 million is designated for the research and development of a multimodal large model-driven autonomous mining truck collaborative scheduling system [1] Group 3: Company Overview - Boretton focuses on integrated solutions for "photovoltaic storage + transportation," with core business areas including the development of photovoltaic energy storage projects, electric mining trucks, and intelligent scheduling systems [1]

Core Viewpoint - Boreton (01333.HK) has entered into a placement agreement to issue up to 10 million new H-shares at a price of HKD 25.08 per share, representing a discount of approximately 14.98% from the closing price on November 14, 2023 [1] Group 1: Placement Details - The placement agreement is with Cathay Securities International and TradeGo Markets, aiming to attract at least six subscribers [1] - The maximum 10 million shares represent approximately 4.15% of the total issued H-shares and about 2.63% of the total issued shares as of the announcement date [1] Group 2: Financial Projections - The total gross proceeds from the placement are expected to be approximately HKD 250.8 million, with net proceeds estimated at around HKD 240 million [1] - The net proceeds will be allocated as follows: approximately 70% for investment and development of overseas photovoltaic and energy storage projects, 15% for repaying interest-bearing loans, and the remaining 15% for the research, commercialization, and demonstration application of a multimodal large model-driven autonomous mining truck collaborative scheduling system [1]

Core Viewpoint - Boreton (01333) has announced a placement agreement to issue up to 10 million new H-shares at a price of HKD 25.08 per share, representing a discount of approximately 14.98% from the market price on the date of the agreement [1] Group 1: Placement Details - The placement will involve at least six subscribers under the terms of the placement agreement [1] - The maximum 10 million shares represent about 4.15% of the total issued H-shares and approximately 2.63% of the total issued shares as of the announcement date [1] - Assuming all placement shares are fully subscribed, the total gross proceeds are expected to be approximately HKD 250.8 million, with net proceeds estimated at around HKD 240 million after deducting commissions and estimated expenses [1] Group 2: Pricing and Market Impact - The placement price of HKD 25.08 per share is significantly lower than the closing market price of HKD 29.50 on the date of the placement agreement [1] - The net issue price per share is expected to be around HKD 24.0 if all shares are placed [1] - The placement will result in an increase in the total number of H-shares and total issued shares, with the new proportions being approximately 3.98% and 2.57% respectively after the placement [1]

Core Viewpoint - Boreton (01333) has announced a placement agreement with placement agents to issue up to 10 million new H-shares at a price of HKD 25.08 per share, representing a discount of approximately 14.98% from the closing price of HKD 29.50 on the date of the agreement [1] Group 1: Placement Details - The placement will involve at least six subscribers under the terms of the placement agreement [1] - The maximum 10 million shares represent approximately 4.15% of the total issued H-shares and about 2.63% of the total issued shares as of the announcement date [1] - Assuming all placement shares are fully subscribed, the total gross proceeds are expected to be approximately HKD 250.8 million, with net proceeds estimated at around HKD 240 million after deducting commissions and estimated expenses [1] Group 2: Pricing and Impact - The net issue price per placement share is expected to be around HKD 24.0 [1] - The placement shares will account for approximately 3.98% and 2.57% of the enlarged total issued H-shares and total issued shares, respectively, assuming no changes in the number of shares issued from the announcement date to the closing date [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並表明概不就因本公告全部或任何部份內容而產生或因倚賴該等 內容而引致的任何損失承擔任何責任。 本公告或其任何副本概不得直接或間接在美國，或在刊發或派發本公告屬違法的任何其他司法 權區內刊發或派發。 本公告僅供參考，並不構成收購、購買或認購本公司任何證券的邀請或要約。 本公告並非，亦不構成於美國（定義見1933年《美國證券法》（「《證券法》」）S規例）出售證券的 要約或邀請及其任何部分。本公告或其任何內容或其副本亦不得攜進美國境內或於美國境內或 在刊發或派發本公告屬違法的任何其他司法權區內直接或間接派發。除非本公告所指證券根據 《證券法》辦理登記或獲豁免遵守《證券法》的登記規定，否則有關證券未曾亦不會根據《證券 法》登記，且不得在美國境內提呈發售、出售或以其他方式轉讓。本公司並無計劃在美國登記 本公告所述任何證券或在美國公開發售任何證券。 Breton Technology Co., Ltd. 博雷頓科技股份公司 （於中華人民共和國成立的股份有限公司） （股份代號：1333） 根據一般授權配售新H股 整 ...

Core Viewpoint - Boleton (01333) is experiencing a significant increase in stock price, attributed to the upcoming launch of its unmanned electric mining truck and a strategic partnership with Fujian Rixin Machinery Rental Co., Ltd. [1] Group 1: Stock Performance - Boleton's stock rose over 5% in the afternoon, currently up 3.7% at HKD 29.68, with a trading volume of HKD 81.11 million [1] Group 2: New Product Launch - Boleton will hold a launch ceremony for its unmanned electric mining truck on November 21 [1] - The company has developed various electric products, including the BRT105E electric mining truck with a 700 kWh battery and the newly developed BRT135E mining truck with an 800 kWh battery, designed for heavy-duty uphill mining scenarios [1] Group 3: Strategic Partnership - Boleton signed a strategic cooperation framework agreement with Fujian Rixin, which plans to purchase no less than 150 electric mining trucks and associated unmanned driving services for mining operations [1] - This partnership signifies Boleton's progress in the commercial application of unmanned driving in mining [1] Group 4: Industry Trends - Boleton's chairman, Chen Fangming, noted that the increasing choice of electrification by customers indicates a significant cost advantage for electric mining solutions, marking a shift from policy-driven to market-driven industry dynamics [1]

Core Viewpoint - Boleton (01333) is experiencing a significant stock price increase, attributed to the upcoming launch of its unmanned electric mining truck and a strategic partnership with Fujian Rixin Machinery Rental Co., Ltd. [1] Company Developments - Boleton's stock rose over 5% in the afternoon trading session, currently at 29.68 HKD with a trading volume of 81.11 million HKD [1] - The company will hold a launch ceremony for its unmanned electric mining truck on November 21 [1] - A strategic cooperation framework agreement was signed with Fujian Rixin, where the latter plans to purchase no less than 150 electric mining trucks and associated unmanned driving services for various mining operations [1] Industry Insights - The chairman of Boleton, Chen Fangming, noted that the increasing choice of electrification by customers indicates a significant cost advantage for electric mining solutions, marking a shift from policy-driven to market-driven dynamics in the industry [1] - Boleton's product range includes electric loaders and mining trucks, with the BRT105E model featuring a 700 kWh battery and the newly developed BRT135E model reaching 800 kWh, designed for heavy-duty uphill mining scenarios [1] - The BRT135E model also incorporates an efficient energy recovery system to reduce energy consumption and enhance endurance [1]

Core Viewpoint - The upcoming launch event for Boreton's unmanned electric mining truck on November 21 marks a significant transition from "demonstrative intelligent driving" to "true unmanned driving," showcasing China's strength in automation, intelligence, and green transformation in the mining industry [1] Group 1: Practicality and Design - The new mining truck is designed specifically for unmanned driving from the ground up, featuring a structure, control systems, and algorithms tailored for intelligent driving, rather than being a modified version of an existing vehicle [2] - The absence of a driver's cabin reflects Boreton's comprehensive understanding of "unmanned" technology, enhancing the vehicle's perception capabilities, performance, and safety [2] Group 2: Efficiency Revolution - Boreton's new vehicle represents a shift in unmanned driving from being seen as an auxiliary or experimental technology to becoming a genuine efficiency revolution [3] - The self-developed E2E intelligent driving system enables the vehicle to achieve production efficiency comparable to or exceeding that of human-operated vehicles, marking a transition from concept to commercially viable technology in mining automation [3] Group 3: Intelligent Mining System - The E2E intelligent driving system allows for intelligent coordination throughout the entire process of loading, transporting, and unloading, enabling efficient operation in complex environments [4] - The design prioritizes safety, incorporating features such as a high-strength integrated chassis, dual-redundancy braking systems, and intelligent obstacle avoidance algorithms [4] Group 4: Green Mining Solutions - Boreton proposes a systematic green mining solution that integrates unmanned driving with clean energy, creating a closed-loop system for energy self-sufficiency and intelligent operations [5] - This launch is not just about a new product but represents the birth of a comprehensive new production system aimed at enhancing safety and efficiency in mining operations [5]

Core Points - The Financial Regulatory Administration has issued an insurance license to Fuzhou Life Insurance Co., Ltd. [1] - The license was granted on November 7, with the institution located in Jinan, Shandong Province [1] - Fuzhou Life is set to take over the assets and liabilities of Jun Kang Life Insurance, which is undergoing restructuring [1] Company Overview - Jun Kang Life Insurance is controlled by Zhongwang Group, the largest aluminum profile manufacturer in Asia, which entered bankruptcy restructuring in September 2022 [1] - Zhongwang Group acquired Jun Kang Life in 2017 for nearly 30 billion yuan and has since faced financial difficulties, leading to significant fund occupation from the insurance company [1] - Since 2019, Zhongwang has experienced tightening cash flow and has been involved with multiple financial institutions, with Jun Kang Life's occupied insurance funds amounting to hundreds of billions [1]