Core Viewpoint - The strategic cooperation agreement between Guangdong-Hong Kong Bay Holdings and Huagong Technology aims to establish a long-term partnership focused on AI computing power and network infrastructure, enhancing both companies' market presence and technological capabilities [1] Group 1: Strategic Cooperation Agreement - Guangdong-Hong Kong Bay Holdings' subsidiary, Shenzhen Tiandun Data Technology, signed a strategic cooperation agreement with Huagong Technology on December 9, 2025, with a cooperation period of five years [1] - The agreement emphasizes complementary advantages, resource sharing, collaborative innovation, and mutual benefits [1] Group 2: Areas of Collaboration - The partnership will focus on developing a comprehensive and in-depth strategic cooperation in the fields of AI computing power and network infrastructure, targeting both domestic and global markets [1] - The collaboration will involve extensive cooperation in demand development, technological innovation, product research and development, product sales, and customer service [1] Group 3: Benefits of the Agreement - The agreement is expected to integrate the company's strengths in networking technology, computing power operations, and AI-generated content applications with Huagong Technology's deep technical advantages in the optical communication industry [1] - The goal is to create high-performance, stable, and reliable intelligent computing integrated products and solutions, promoting the development and extension of both parties' products and services [1] - The partnership aims to expand the intelligent computing business in both domestic and global markets, contributing to the advancement of the intelligent computing industry [1]

Core Viewpoint - The strategic cooperation agreement between Guangdong-Hong Kong Bay Holdings and Huagong Technology aims to leverage complementary strengths and resources in the AI computing and network infrastructure sectors, establishing a long-term partnership for five years [1][2]. Group 1: Company Overview - Guangdong-Hong Kong Bay Holdings' subsidiary, Shenzhen Tiandun Data Technology Co., Ltd., specializes in AI computing infrastructure and heterogeneous computing services, aligning with national AI development strategies [1]. - Huagong Technology, known as "China's first laser stock," is a leading provider of "laser + intelligent manufacturing" solutions, with its optical module business ranked among the top 10 globally [2]. Group 2: Strategic Cooperation Details - The cooperation will focus on developing demand, technological innovation, product research and development, sales, and customer service in the AI computing and network infrastructure sectors, targeting both domestic and global markets [2]. - The agreement aims to integrate the strengths of both companies in network technology, computing operations, and AI-generated content applications with Huagong Technology's expertise in optical communication and advanced optical modules [2].

GUANGDONG - HONG KONG GREATER BAY AREA HOLDINGS LIMITED 粵港灣控股有限公司 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，並明確表示，概不對因本 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之任何損失承擔 任何責任。 （於開曼群島註冊成立的有限公司） （股份代號：1396） 自願公告 與華工科技簽訂戰略合作協議 本 公告 乃 由 粵 港灣 控 股有 限 公司 （ 「本 公 司 」 ）自 願 作出 。 本 公司 董 事（「董 事 」）會（「董 事 會 」）欣 然宣 佈 ，本 公司 間 接全 資 附 屬公 司 深圳 天 頓數 據 科技 有 限公 司（「天 頓 數 據 」）於 2025 年 12 月 9 日 與華 工科 技 產業 股 份有 限 公司（ 一 家於 深 圳證 券 交易 所 上市 的 公司 ， 股 份代 碼 ：000988）（「 華 工 科 技 」）簽 訂戰 略 合作 協 議（「戰 略 合 作 協 議 」）。據 此，雙 方將 本 著優 勢 互補 、資 源共 享 、協 同創 新 、合 ...

董事会拟于股东特别大会上向股东建议采纳股份奖励计划。建议采纳股份奖励计划将涉及本公司授出奖 励股份。因此，采纳股份奖励计划将须待(其中包括)股东于股东大会上批准后方可作实，并可为本公司 提供另一渠道，以具竞争力及吸引力的薪酬待遇激励选定参与者为本集团的增长及发展作出贡献，并使 本集团能够吸引及挽留最优秀的人才，以发展本集团的业务。董事(包括独立非执行董事)认为，采纳股 份奖励计划符合市场惯例，激励合资格参与者致力提升企业价值及实现长期目标，以谋求本集团整体利 益。 智通财经APP讯，粤港湾控股(01396)发布公告，于2025年12月8日，董事会已决议终止现有股份期权计 划。本公司于2019年5月30日采纳现有股份期权计划，旨在通过授出股份期权鼓励及/或奖励对本集团作 出贡献的本集团成员公司雇员及董事。现有股份期权计划自采纳之日起10年内有效。根据现有股份期权 计划的计划规则，现有股份期权计划可由董事会于董事会会议上通过董事会决议案予以终止，无须经股 东批准。在此情况下，不得根据现有股份期权计划进一步授出股份期权。 ...

Core Viewpoint - The company has decided to terminate its existing share option plan effective December 8, 2025, and will propose a new share award plan at a special shareholders' meeting [1] Group 1: Share Option Plan - The existing share option plan was adopted on May 30, 2019, and is valid for 10 years from the date of adoption [1] - The board can terminate the existing share option plan through a resolution without needing shareholder approval [1] - No further share options can be granted under the existing plan following its termination [1] Group 2: New Share Award Plan - The board intends to propose a share award plan to shareholders, which will involve granting award shares [1] - The new share award plan requires shareholder approval at the special meeting to be implemented [1] - The plan aims to provide a competitive and attractive compensation package to incentivize selected participants to contribute to the company's growth and development [1]

格隆汇12月8日丨粤港湾控股(01396.HK)宣布，董事会拟于股东特别大会上向股东建议采纳股份奖励计 划。建议采纳股份奖励计划将涉及公司授出奖励股份。因此，采纳股份奖励计划将须待(其中包括)股东 于股东大会上批准后方可作实，并可为公司提供另一渠道，以具竞争力及吸引力的薪酬待遇激励选定参 与者为集团的增长及发展作出贡献，并使集团能够吸引及挽留最优秀的人才，以发展集团的业务。董事 (包括独立非执行董事)认为，采纳股份奖励计划符合市场惯例，激励合资格参与者致力提升企业价值及 实现长期目标，以谋求集团整体利益。 ...

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，並明確表示，概不對因本公告全部 或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 GUANGDONG – HONG KONG GREATER BAY AREA HOLDINGS LIMITED 粵港灣控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1396） (1) 終止現有股份期權計劃；及 (2) 建議採納股份獎勵計劃 緒言 本公告乃由本公司根據上市規則第十七章作出，內容有關：(1)終止現有股份期權 計劃；及(2)建議採納股份獎勵計劃。 採納股份獎勵計劃將於其於股東特別大會上獲採納當日生效，惟須待以下條件達 成後方可作實：(i)股東通過決議案以批准及採納股份獎勵計劃，並授權董事會根 據股份獎勵計劃授出獎勵股份，以及就根據股份獎勵計劃將予授出的任何獎勵配 發及發行獎勵股份；及(ii)上市委員會批准就根據股份獎勵計劃將予授出的所有獎 勵股份而可予配發及發行的任何股份上市及買賣。 本公司將向聯交所遞交申請，尋求批准根據股份獎勵計劃授出的獎勵獲行使而將 予發行的股份上市及買賣。 ...

Group 1 - The core viewpoint of the article is that Yue Gang Wan Holdings has announced a share placement to raise approximately HKD 188 million, with a net amount of about HKD 187.6 million [1][4][7] - The placement involves issuing a total of 34.18 million shares at a price of HKD 5.5 per share, which represents a discount of approximately 3.51% compared to the previous trading day's closing price of HKD 5.7 [4][7] - The shares being placed account for about 3.04% of the existing issued share capital and will represent approximately 2.95% of the enlarged share capital after completion [4] Group 2 - Approximately 70% of the raised funds will be used for the delivery of AI computing power cloud services, 20% for project construction costs, and 10% for daily operational expenses [4] - Yue Gang Wan Holdings is pursuing a dual business development strategy focusing on infrastructure and AI, which includes providing AI computing technology services, operating AI computing centers, and developing comprehensive AI solutions for clients [7]

Group 1 - The company, Guangdong-Hong Kong Bay Holdings (01396.HK), announced on December 4 that it will place a total of 34.18 million shares to two subscribers, representing approximately 2.95% of the enlarged share capital, at a price of HKD 5.5 per share, which is a discount of about 3.51% compared to the closing price of HKD 5.7 on December 4. The total amount raised is approximately HKD 188 million, with a net amount of about HKD 187.6 million [2] - Approximately 70% of the net proceeds will be used for the delivery of AI computing power cloud service projects, about 20% for project construction costs, and around 10% for daily operational expenses [2] - On December 5, the company announced that the subscription by Subscriber B is considered a connected transaction under Listing Rule Chapter 14A, and the subscription agreement with Subscriber B has been terminated. Subscription Agreement A will remain valid and continue to be executed [2] Group 2 - Following the completion of the subscription, the shareholding structure will change, with China Guangdong-Hong Kong Bay Holdings Limited holding approximately 36.26% of the shares, Champion Road Group Limited holding approximately 27.10%, and Subscriber A holding approximately 1.72% [3] - The total number of shares after the subscription will be 1,143,739,463 [3]

Core Viewpoint - The company, Yue Gang Wan Holdings, is undergoing a strategic transformation towards AI and digital operations, highlighted by a recent share placement to institutional investors, which reflects confidence in its future growth potential [1][2][5]. Group 1: Share Placement Details - The company announced a share placement of 34,181,818 shares at a price of HKD 5.5 per share, representing 2.95% of the post-placement issued share capital, with a discount of approximately 5.53% compared to the average closing price over the last five trading days prior to the subscription agreement [1]. - The placement attracted significant investors, including CMBI SPC and Top Rise Limited, with Top Rise being an early shareholder, indicating strong market confidence [1][2]. - The funds raised, approximately HKD 108 million, will primarily be allocated to the development of AI computing cloud services, demonstrating the company's commitment to its new business direction [2][3]. Group 2: Financial and Operational Highlights - The company has successfully reduced its debt burden, with a significant drop in its interest-bearing debt ratio from 45% to 7%, and its asset-liability ratio decreased from 99% at the end of 2024 to 48% in the first half of this year [3]. - The acquisition of Tiandun Data for HKD 977 million positions the company to capitalize on the AI computing sector, with expected revenue growth from HKD 50 million in 2022 to HKD 230 million in 2024, reflecting a compound annual growth rate of 114.5% [4]. - The strategic shift from traditional real estate to a digital ecosystem operator is expected to create a diversified revenue structure and enhance the company's valuation [5]. Group 3: Market Position and Future Outlook - The company has received positive recognition in the market, including an award for "Most Valuable AI Company" at the 10th Zhitong Finance Listed Company Awards, indicating strong investor confidence [5]. - The innovative "computing power + urban development" model is anticipated to reshape the company's valuation logic, with significant growth potential in the AI sector [4][5]. - The company is well-positioned to leverage its existing land resources and financial strength to support its transition into the AI market, which is currently a hot investment theme [4][5].