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，概不就因本公告全部 或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 Pangaea Connectivity Technology Limited 環 聯 連 訊 科 技 有 限 公 司 有關諒解備忘錄之 自願性公告 本公告乃環聯連訊科技有限公司（「本公司」，連同其附屬公司統稱「本集團」）自願 作出。 諒解備忘錄 董 事（「 董 事 」）會（「 董 事 會 」）欣 然 宣 佈 ， 於 二 零 二 五 年 八 月 二 十 六 日（ 交 易 時 段 後 ），本公司與Mile Green Company Limited（「Mile Green」）訂立諒解備忘錄（「備忘 錄」），以記錄雙方有意在實物資產（「實物資產」）領域探索潛在商機。 根據備忘錄，本公司與Mile Green同意透過本公司與Mile Green共同投資實物資產 生態系統，攜手探索、評估及界定實物資產領域內的潛在商機（「潛在合作」）。 Mile ...

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，概不就因本公告全部 或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 董事會欣然宣佈，股東週年大會通告所載的所有提呈普通決議案已獲股東於二 零二五年八月二十二日（ 星期五 ）舉行的股東週年大會上以投票表決方式正式通 過。 茲提述環聯連訊科技有限公司（「本公司」）日期均為二零二五年七月二十三日的通 函（「該通函」）及股東週年大會（「股東週年大會」）通告（「股東週年大會通告」）。除 本公告另有界定者外，本公告所用詞彙與該通函所界定者具有相同涵義。 股東週年大會的投票表決結果 董事會欣然宣佈，股東週年大會通告所載的所有提呈普通決議案已獲股東於二零 二五年八月二十二日（ 星期五 ）舉行的股東週年大會上以投票表決方式正式通過。 於 股 東 週 年 大 會 日 期 ， 本 公 司 的 已 發 行 股 份 總 數 為 1 , 1 9 4 , 0 0 0 , 0 0 0 股 ， 其 中 22,000,000股為本公司持有的 ...

Group 1: Industry Overview - The global AI and HPC market is experiencing robust growth, with the data center industry currently valued at $242.7 billion and expected to double to over $584 billion by 2032 [3] - The widespread application of IoT and AIoT is driving the demand for advanced data transmission technologies, while breakthroughs in renewable energy are providing cost-effective and sustainable power solutions for data centers and IoT [3] Group 2: Company Performance - The company,环联连讯, integrates cutting-edge technologies to provide comprehensive communication and data transmission solutions for AI data centers, green energy, WiFi, and IoT [4] - The company reported a strong revenue growth of 53.8% year-on-year for the fiscal year 2024/25, reaching HKD 2,128.2 million, with a net profit of HKD 30.5 million [4] Group 3: Strategic Developments - The company completed a placement of 199 million shares at HKD 0.180 per share, raising approximately HKD 35.3 million for further business expansion in AI technology [6] - The entry of Mile Green Company Limited as a major shareholder, with a 9.3% stake, is expected to bring strategic synergies and enhance the company's future development, particularly in Southeast Asia [7] Group 4: Market Position and Outlook - The company's stock price has more than doubled since the announcement of its annual results and placement, indicating strong market confidence [7] - With support from international capital and a strong product portfolio, the long-term performance of the company is anticipated to be promising [7]

Company Overview - Hang Seng Index closed at 25,104.61 points, down 0.24% on August 21 [1] - Huanlian Lianxun (01473.HK) stock price rose by 14.81% to HKD 0.465, with a trading volume of 7.688 million shares and a turnover of HKD 3.3529 million, showing a volatility of 19.75% [1] - Over the past month, Huanlian Lianxun has seen a cumulative increase of 141.07%, and a year-to-date increase of 106.63%, outperforming the Hang Seng Index by 25.45% [1] Financial Performance - As of March 31, 2025, Huanlian Lianxun reported total revenue of RMB 1.964 billion, a year-on-year increase of 53.77% [1] - The net profit attributable to shareholders was RMB 28.1648 million, reflecting a year-on-year growth of 204.3% [1] - The gross profit margin stood at 10.39%, while the debt-to-asset ratio was 70.84% [1] Industry Valuation - The average price-to-earnings (P/E) ratio for the information technology equipment industry (TTM) is 41.77 times, with a median of 5.97 times [1] - Huanlian Lianxun's P/E ratio is 15.55 times, ranking 15th in the industry [1] - Comparatively, other companies in the industry have the following P/E ratios: Changhong Jiahua (03991.HK) at 3.64 times, SIS INT'L (00529.HK) at 3.78 times, Southern Communication (01617.HK) at 4.49 times, Putian Communication Group (01720.HK) at 7.44 times, and China Communication Services (00552.HK) at 8.46 times [1] Company Background - Huanlian Lianxun Technology Co., Ltd. was established in 1990 and has over 28 years of operational history [2] - The company has evolved from 2G to 4G, with ongoing transformation towards 5G [2] - It provides solutions and application support, including customer specification identification, technical design, multi-functional integration, and technical analysis [2] - The company focuses on connection products, which include wireless microwave networks, fiber optic networks for subways and long distances, and commercial networks for cellular, fixed, personal, and private use [2] - Its clients primarily consist of communication module manufacturers and network system equipment suppliers [2]

Group 1: Industry Overview - The global AI and HPC market is experiencing robust growth, with the data center industry currently valued at $242.7 billion and expected to double to over $584 billion by 2032 [1] - The widespread application of IoT and AIoT is driving the demand for advanced data transmission technologies, while breakthroughs in renewable energy are providing cost-effective and sustainable power solutions for data centers and IoT [1] - Key stocks in AI computing, IoT, and renewable energy sectors, such as NVIDIA, Zhongji Xuchuang, and Constellation Energy, are reaching historical highs, indicating strong market performance [1] Group 2: Company Positioning - The company integrates cutting-edge technologies to provide comprehensive communication and data transmission solutions for AI data centers, green energy, WiFi, IoT, and telecommunications [2] - The company has made significant advancements in technologies like linear drive pluggable optics (LPO) and next-generation WiFi 8, establishing a leading position in the industry [2] - The company reported a 53.8% year-on-year revenue increase to HKD 2,128.2 million for the fiscal year 2024/25, achieving a historical high, with net profit turning positive at HKD 30.5 million [2] Group 3: Strategic Developments - The company completed a placement of 199 million shares at HKD 0.180 per share, raising approximately HKD 35.3 million for further business expansion in AI technology [3] - Mile Green Company Limited, a significant shareholder post-placement, is led by prominent figures with extensive backgrounds in renewable energy and data center investments, enhancing the company's strategic positioning [3][4] - The entry of Mile Green is expected to bring financial benefits and strategic synergies, accelerating the company's expansion in Southeast Asia and solidifying its leadership in the next-generation AI computing and HPC market [4]

Group 1 - The core point of the article is that Hong Kong Stock Exchange data reveals that on August 13, shareholders of Huanlian Lianxun (01473) deposited shares into High Securities, with a market value of HKD 92.535 million, accounting for 20.00% [1] - Huanlian Lianxun announced that all conditions of the placement agreement have been met, and the completion is set for August 13, 2025 [1] - A total of 199 million placement shares, representing approximately 16.7% of the company's issued share capital after the placement, were successfully placed at a price of HKD 0.180 per share to no less than six subscribers [1]

Group 1 - The core point of the article is that Hong Kong Stock Exchange data shows that on August 13, 2023, the shareholders of Huanlian Lianxun (01473) deposited shares into High Securities, with a market value of HKD 92.535 million, accounting for 20.00% [1] - Huanlian Lianxun announced that all conditions of the placement agreement have been met, and the completion is set for August 13, 2025 [1] - A total of 199 million placement shares, representing approximately 16.7% of the company's issued share capital after the placement, were successfully placed at a price of HKD 0.180 per share to no less than six subscribers [1]

Core Viewpoint - The company has successfully completed the placement of 199 million shares at a price of HKD 0.180 per share, representing approximately 16.7% of the enlarged issued share capital post-placement [1] Group 1 - The placement agreement conditions have been fully met as of August 13, 2025 [1] - A total of 199 million placement shares were allocated to no fewer than six subscribers [1]

Core Viewpoint - The company has successfully completed the placement of 199 million shares at a price of HKD 0.180 per share, representing approximately 16.7% of the enlarged issued share capital post-placement [1] Group 1 - The placement agreement conditions have all been met, and the completion date is set for August 13, 2025 [1] - A total of 199 million shares were placed to no fewer than six subscribers [1]

Core Viewpoint - The company has successfully completed a placement agreement, issuing a total of 199 million shares at a price of HKD 0.180 per share, which represents approximately 16.7% of the company's enlarged issued share capital after the placement [1]. Group 1 - The board of directors announced that all conditions of the placement agreement have been met [1]. - The placement was successfully completed on August 13, 2025 [1]. - The shares were allocated to no less than six subscribers [1].