Group 1 - The company, 越疆 (02432), announced the completion of a placement of shares on November 13, 2025 [1] - A total of 16.66 million shares were placed, representing approximately 4.23% of the enlarged H shares and about 3.79% of the total issued shares after the placement [1] - The shares were successfully placed at a price of HKD 46.80 per H share to no fewer than six independent subscribers [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 深圳市越疆科技股份有限公司（「本公司」） 呈交日期： 2025年11月13日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 若股份曾以超過一個每股價格發行/出售/購回/贖回，則須提供每股成交量加權平均價格。 第 2 頁 共 5 頁 v 1.3.0 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 H | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 02432 | 說明 H股 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | ...

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所產生或因依賴該等內容而引致的任何損失承擔任何責 任。 SHENZHEN DOBOT CORP LTD 深圳市越疆科技股份有限公司 （於 中 華 人 民 共 和 國 註 冊 成 立 的 股 份 有 限 公 司） （股 份 代 號：2432） 完成根據一般授權配售新H股 整體協調人及配售代理 本 公 告 不 會 直 接 或 間 接 於 或 向 美 國 派 發。本 公 告 不 構 成 亦 不 屬 於 在 美 國 境 內 或有關要約屬違法的任何其他司法權區出售證券的任何要約或招攬購買或認 購 證 券 的 一 部 分。本 公 告 所 述 證 券 並 無 亦 不 會 根 據1933年美國證券法（經 不 時 修 訂）或 美 國 任 何 州 的 證 券 法 登 記，且 不 得 於 美 國 境 內 提 呈 發 售 或 出 售，除 非 已 登 記 或 符 合 適 用 的 登 記 豁 免。任 何 在 美 國 進 行 的 證 ...

Core Viewpoint - The company 越疆 (02432) is experiencing a decline in stock price following the announcement of a new share placement at a discount, which aims to raise funds for various strategic initiatives [1] Group 1: Share Placement Details - 越疆 plans to place 16.66 million new H-shares at a price of HKD 46.80 per share, representing a 10.3% discount compared to the closing price of HKD 52.2 on November 5 [1] - The net proceeds from this placement are expected to be approximately HKD 771 million [1] Group 2: Allocation of Funds - 40% of the proceeds will be used to advance research and innovation in smart robotics [1] - 20% will be allocated for investments, acquisitions, and strategic alliances within the robotics value chain and adjacent sectors [1] - 20% will be utilized to strengthen domestic and international sales channels and enhance marketing efforts [1] - The remaining 20% will be used to supplement working capital and for general corporate purposes [1] Group 3: Strategic Partnerships - 越疆 has signed a deep strategic cooperation agreement with 蓝思科技 (300433) in Shenzhen [1] - Under this agreement, 蓝思科技 will purchase 1,000 embodied intelligent robots from 越疆 by 2025 [1] - Additionally, 越疆 has placed an order for 10,000 units of quadruped robotic dogs for assembly with 蓝思科技, which will also serve as a major supplier of components [1]

Core Viewpoint - The company 越疆 (02432) is experiencing a decline in stock price, attributed to its announcement of a new share placement at a discount to the market price, which may raise concerns among investors about dilution and future performance [1] Group 1: Stock Performance - 越疆's stock has dropped nearly 5%, currently trading at 45.88 HKD, with a trading volume of 65.44 million HKD [1] - The share placement price is set at 46.80 HKD, representing a 10.3% discount compared to the closing price of 52.2 HKD on November 5 [1] Group 2: Fundraising and Allocation - The company plans to place 16.66 million new H-shares, with net proceeds expected to be approximately 771 million HKD [1] - The allocation of the proceeds includes: - 40% for advancing technology research and product innovation in intelligent robotics - 20% for seeking investment, acquisition, and strategic alliance opportunities in the robotics value chain and adjacent fields - 20% for strengthening domestic and international sales channels and enhancing market promotion - 20% for supplementing working capital and general corporate purposes [1] Group 3: Strategic Partnerships - 越疆 has signed a deep strategic cooperation agreement with 蓝思科技, which includes a commitment to purchase 1,000 intelligent robots by 2025 [1] - Additionally, 越疆 has placed an order for 10,000 units of quadruped robotic dogs for assembly with 蓝思科技, which will also serve as a major supplier of components [1]

Core Viewpoint - The company, 越疆 (02432.HK), has announced a placement agreement with UBS to issue 16.66 million new H-shares at a price of HKD 46.80 per share, representing a discount of approximately 10.3% from the last trading price of HKD 52.20 [4][5]. Group 1: Placement Details - The placement shares account for about 3.94% of the company's existing share capital and approximately 3.79% of the enlarged share capital post-placement [4]. - The total estimated fundraising amount is approximately HKD 779.7 million, with a net amount of about HKD 771 million [5]. - The proceeds will be allocated as follows: 40% for advancing technology research and product innovation in smart robotics, 20% for seeking investment, acquisition, and strategic alliance opportunities in the robotics value chain and adjacent fields, 20% for strengthening domestic and international sales channels, and 20% for general working capital and corporate purposes [5]. Group 2: Company Financials and Market Performance - 越疆 was listed on the Hong Kong Stock Exchange on December 23, 2024, with an IPO fundraising of approximately HKD 831 million [6]. - The company conducted a placement financing on July 22, 2025, raising about HKD 1.037 billion [7]. - As of November 5, 2025, the company's share price has increased by 177.66% from the IPO price of HKD 18.80, with a total market capitalization of approximately HKD 22.096 billion [7].

Core Viewpoint - The company, Yujiang Technology, is leveraging capital support to enhance its technological capabilities and market expansion in the global robotics industry, aiming to secure a competitive edge. Financing Activities - On November 6, Yujiang Technology announced a placement of 16.66 million new H-shares at HKD 46.8 per share, raising approximately HKD 771 million, marking its second equity financing in four months, totaling around HKD 1.8 billion raised [1][2][5] - Following the announcement, the stock price initially dropped over 7% but later saw a 2.48% increase on the day of the strategic partnership announcement with Lens Technology, which included a purchase order for 1,000 robots [2][3] Strategic Partnerships - Yujiang Technology signed a strategic cooperation agreement with Lens Technology, committing to purchase 1,000 intelligent robots by 2025, and aims to deepen collaboration across various sectors including industrial, medical, and educational applications [7] - The company also entered a global strategic partnership with Inspur Cloud to develop solutions integrating intelligent robotics and smart factories, indicating a shift towards system-level collaboration [7] Market Performance - The stock price of Yujiang Technology has increased by 103.71% year-to-date, reflecting market confidence in its dual approach of business expansion and capital operations [4][5] - The company reported a significant growth in its commercial services sector, with a 165.5% year-on-year increase in revenue for the first half of 2025, supporting its financing activities [8] Industry Context - The robotics industry in China has seen a capital influx, with over RMB 80 billion raised in the first three quarters of 2025, indicating a shift in investment focus from mere concepts to tangible industrial capabilities [8] - Yujiang Technology's self-research capabilities are notable, with over 90% of key components developed in-house and a total of 961 patents, showcasing its technological strength [8] Financial Performance - For the first half of 2025, Yujiang Technology reported a revenue of RMB 153 million, a 27.1% increase year-on-year, but still faced a net loss of RMB 40.9 million, highlighting the challenge of achieving profitability [9] - The company’s overseas revenue accounted for 53.8% of total income, emphasizing its global market strategy [9] Future Outlook - The global collaborative robot market is projected to reach USD 5 billion by 2028, presenting an opportunity for Yujiang Technology to solidify its leading position through capital investment and technological innovation [9]

Core Viewpoint - The company 越疆 (02432) experienced a decline of over 6%, currently trading at 49.04 HKD, with a transaction volume of 33.37 million HKD due to the announcement of a new share placement [1] Group 1: Share Placement Details - 越疆 announced a placement of 16.66 million new H-shares, representing 3.79% of the enlarged issued share capital [1] - The placement price is set at 46.8 HKD per H-share, reflecting a discount of 10.3% compared to the closing price of 52.2 HKD on November 5 [1] - The total funds raised from this placement amount to 779.7 million HKD, with a net amount of 771 million HKD [1] Group 2: Use of Proceeds - 40% of the net proceeds will be allocated to advancing technology research and product innovation in smart robotics [1] - 20% will be used to seek investment, acquisition, and strategic alliance opportunities within the robotics value chain and adjacent sectors [1] - 20% will be directed towards strengthening the company's sales channels domestically and internationally, along with increasing marketing efforts [1] - The remaining 20% will be utilized to supplement working capital and for general corporate purposes [1]

Core Viewpoint - 越疆 (02432) has experienced a decline of over 6% in its stock price following the announcement of a new share placement, indicating market reaction to the dilution of shares and the pricing strategy [1] Group 1: Share Placement Details - The company announced a placement of 16.66 million new H-shares, representing 3.79% of the enlarged issued share capital [1] - The placement price is set at HKD 46.8 per share, which is a discount of 10.3% compared to the closing price of HKD 52.2 on November 5 [1] - The total funds raised from this placement amount to HKD 779.7 million, with a net amount of HKD 771 million after expenses [1] Group 2: Use of Proceeds - 40% of the net proceeds will be allocated to advancing technology research and product innovation in the field of intelligent robotics [1] - 20% will be used to seek investment, acquisition, and strategic alliance opportunities within the robotics value chain and adjacent sectors [1] - Another 20% is designated for strengthening the company's sales channels both domestically and internationally, along with increasing marketing efforts [1] - The remaining 20% will be utilized to supplement working capital and for general corporate purposes [1]

Core Viewpoint - 越疆 (2432.HK) announced a placement of 16.66 million new H shares at a price of HKD 46.8 per share, representing a discount of 10.34% from the previous closing price of HKD 52.2, aiming to raise HKD 780 million for various strategic initiatives [1] Group 1: Fundraising Details - The company plans to use approximately HKD 771 million of the net proceeds, with 40% allocated for advancing technology research and product innovation in smart robotics [1] - 20% of the funds will be directed towards seeking investment, acquisition, and strategic alliance opportunities within the robotics value chain and adjacent sectors [1] - Another 20% will be utilized to strengthen the company's sales channels both domestically and internationally, along with enhancing marketing efforts [1] - The remaining 20% will be used to supplement working capital and for general corporate purposes [1] Group 2: Market Reaction - Following the announcement, the stock opened down 3.16% at HKD 50.55, with a current market capitalization of HKD 21.4 billion [1]