TESSON HOLDINGS (01201) plans to conduct fundraising activities.

TESSON HOLDINGS (01201) has announced that for years, the group has been engaged in the production and sale of lithium-ion power batteries, lithium-ion battery standard components, battery charging equipment, battery material equipment and production lines, new energy solutions and sales of related equipment, investment holdings, import and export trade (lithium-ion power battery business). The establishment of a large customer network in the charging station business is expected to further create sales opportunities for the group's existing lithium-ion power battery products and bring synergies to its existing and expanding business. The group plans to purchase the OptoPower Charge and Test System (OptoPower Charge and Test System) from Era Cloud (a company in China focusing on the research and industrialization of new energy storage applications), including several electric vehicle charging stations (proposed equipment acquisition). After installing the OptoPower Charge and Test System in the electric vehicle charging station, it is expected to improve charging efficiency and user experience, and promote real-time monitoring of the state of electric vehicle batteries. Following the announcement of the strategic cooperation, in order to implement the company's plan to deploy advanced testing technology and high-speed electric vehicle charging stations equipped with functions in Hong Kong charging stations, it is expected that the OptoPower Charge and Test System will be deployed internally in the new charging stations of the group in 2026. The group will continue to monitor the use of the OptoPower Charge and Test System and evaluate the development direction and performance of the charging station business. In 2025, the Chinese lithium-ion battery market continues to face oversupply and gradual withdrawal of local government subsidies, coupled with aggressive pricing strategies among manufacturers, leading to a chain reaction in the entire Chinese battery market. Despite the severe market conditions, the group is actively expanding its sales network and has entered into framework agreements with several potential customers in China for the sale of battery products. The sale of such battery products will depend on the actual purchase orders issued by these potential customers. The group will continue to explore and expand new market opportunities to enhance revenue growth and profitability in the lithium-ion power battery business. The board of directors of the company hereby informs shareholders and potential investors that the company plans to conduct fundraising activities (proposed fundraising activities). If implemented, the total proceeds of the fundraising activity are expected to be used for (including) the establishment of the new charging stations mentioned above. As of the date of this announcement, the group has not entered into any binding agreements regarding the proposed fundraising activities.