Core Viewpoint - Huaitongda Network (09878) has received approval from the Hong Kong Stock Exchange for the listing of 349,749,813 H-shares, which is expected to enhance the liquidity and market influence of H-shares, creating positive conditions for future re-inclusion in the Stock Connect program [1] Group 1 - The company plans to implement full circulation of H-shares [1] - The approval was granted on January 21, 2026 [1] - The company will complete the relevant conversion and trading procedures for the H-shares [1]

Core Viewpoint - The company, HuTongDa Network (09878.HK), announced its plan to implement full circulation of H-shares and has received a filing notice from the China Securities Regulatory Commission regarding this initiative [1]. Group 1 - The company has received approval from the Hong Kong Stock Exchange for the listing and trading of 349,749,813 H-shares ("converted H-shares") on January 21, 2026 [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 賴該等內容而引致的任何損失承擔任何責任。 Huitongda Network Co., Ltd. 匯通達網絡股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：9878） 內幕消息 香港聯交所就本公司實施H股全流通授出上市批准 本公告乃由匯通達網絡股份有限公司（「本公司」）根據證券及期貨條例（香港法例 第571章）第XIVA部（「內幕消息條文」）及香港聯合交易所有限公司（「香港聯交 所」）證券上市規則（「上市規則」）第13.09(2)(a)條而作出。 茲提述本公司日期為2025年6月23日及2026年1月19日的公告（「該等公告」），內 容有關（其中包括）本公司擬實施H股全流通及中國證監會就本公司實施H股全流 通出具備案通知書。除文義另有所指外，本公告所用詞彙與該等公告所界定者具 有相同涵義。 香港聯交所授出上市批准 於轉換及上市 | | | | 完成後佔本公司 | | --- | --- | --- | --- | | | ...

Core Viewpoint - The company, Huitongda Network (9878.HK), is leveraging favorable consumer policies and advancements in artificial intelligence (AI) technology to enhance the digitalization and operational efficiency of traditional retail entities through its AI models and intelligent agents [1] Group 1: AI Development and Collaboration - Huitongda has developed the "Qiancheng Cloud AI Intelligent Model" and is collaborating comprehensively with Alibaba Cloud on AI capabilities, including computing power and data resources [1] - The AI model integrates features such as text-to-image, text-to-video, and marketing planning, enabling store owners to create promotional plans, posters, and short videos with a single click [1] Group 2: AI Retail Robots - The "Qiancheng Retail Robot" is currently in the testing phase, designed to enhance store operations from both merchant and customer perspectives through tasks like store inspections and product guidance [1] - This robot will help store owners gain a clearer understanding of product sales and inventory, facilitating intelligent procurement, restocking, and price adjustments [1] - Additionally, the robot will analyze store shelves and customer pathways to provide guidance and promotional services to consumers [1] Group 3: Market Expansion - The integrated AI layout of the "Qiancheng Retail Robot" and "Qiancheng AI Super Store Manager" is set to be promoted in Huitongda's member stores in lower-tier markets and is expected to extend to the "Community Hard Discount Supermarket" project and other stores [1] - This initiative aims to inject new AI-driven momentum into the digitalization of retail in both urban and rural markets [1]

Core Viewpoint - HuTongDa Network (09878) has received a filing notice from the China Securities Regulatory Commission regarding the full circulation of H-shares, which will significantly increase its H-share circulation ratio from 32% to 94% [1] Group 1 - The company has completed the filing for the conversion of over 349 million domestic shares into H-shares [1] - The increase in H-share circulation is expected to significantly expand HuTongDa's market capitalization in Hong Kong stocks and may meet the inclusion criteria for the Stock Connect program [1] Group 2 - Since 2025, the company has been deepening its "smart supply chain" and "AI+SaaS" strategic layout [1] - The company is entering new models and new tracks in the fast-moving consumer goods sector and community hard discount retail [1] - Market expectations suggest that ongoing strategic upgrades and innovative scenarios will lead to sustained and stable growth for the company [1]

Group 1 - The core announcement is that Huitongda Network (09878) has received a filing notice from the China Securities Regulatory Commission regarding the full circulation of H-shares, with over 349 million domestic shares converted to H-shares [1] - Following the conversion, the circulation ratio of Huitongda's H-shares will increase significantly from 32% to 94%, which is expected to greatly expand its market capitalization in the Hong Kong stock market and potentially meet the inclusion criteria for the Stock Connect program [1] - Since 2025, the company has been deepening its "smart supply chain" and "AI+SaaS" strategic layout, while also entering new models and new tracks in the fast-moving consumer goods and community hard discount retail sectors [1] Group 2 - Market expectations suggest that the ongoing strategic upgrades and innovative scenarios will lead to sustained and stable growth for the company [1]

Core Viewpoint - The company, HuTongDa Network (9878.HK), has received a filing notice from the China Securities Regulatory Commission regarding the full circulation of H-shares, which will significantly increase its market capitalization in Hong Kong stocks [1] Group 1: H-share Conversion - HuTongDa has completed the filing for the conversion of over 349 million domestic shares into H-shares, which will raise the circulation ratio of H-shares from 32% to 94% [1] - This conversion is expected to significantly enhance the liquidity of HuTongDa's shares in the Hong Kong market and may meet the inclusion criteria for the Hong Kong Stock Connect program [1] Group 2: Strategic Initiatives - Since 2025, the company has been deepening its "smart supply chain" and "AI+SaaS" strategic layout, entering new models and sectors such as fast-moving consumer goods and community hard discount retail [1] - Market expectations suggest that the ongoing strategic upgrades and the implementation of innovative scenarios will lead to sustained and stable growth for the company [1]

Core Viewpoint - The company has received a filing notice from the China Securities Regulatory Commission regarding the full circulation of H-shares, effective from January 15, 2026 [1] Group 1 - The company has completed the filing for the conversion of a total of 349,749,813 domestic shares into H-shares [1] - The filing notice is valid for 12 months starting from January 15, 2026 [1]

Core Viewpoint - The company has received a filing notice from the China Securities Regulatory Commission regarding the full circulation of H-shares, effective from January 15, 2026, allowing for the conversion of a total of 349,749,813 domestic shares into H-shares [1] Group 1 - The company has completed the filing with the China Securities Regulatory Commission for the conversion of domestic shares into H-shares [1] - The filing notice is valid for 12 months starting from January 15, 2026 [1] - The company will apply to the Hong Kong Stock Exchange for approval of the listing and trading of the relevant H-shares [1] Group 2 - Details regarding the names of shareholders and the number of shares involved in the conversion will be available in the announcement [1] - As of the date of the announcement, the implementation plan for the full circulation of H-shares and the conversion and listing has not yet been finalized [1]

Group 1 - The company, HuTongDa Network (09878), has received a filing notice from the China Securities Regulatory Commission regarding its H-share full circulation, dated January 15, 2026 [1] - The company has completed the filing for the conversion of a total of 349,749,813 domestic shares into H-shares with the China Securities Regulatory Commission [1] - The filing notice is valid for 12 months starting from January 15, 2026 [1]