GOFINTECH QUANT (00290) has completed the placement of a total of 219 million shares and has terminated the old shares first, new shares subscription.

GOFINTECH QUANT (00290) announced that, according to the terms and conditions of the placement and subscription agreement, the placement was completed on August 4, 2026. A total of 219 million shares, beneficially owned by the seller, were successfully placed by the placing agent on a best-efforts basis at a placement price of HKD 1.60 per share to no fewer than six placees. To the best of the board's knowledge, after making all reasonable inquiries, the placees and their ultimate beneficial owners are independent third parties. No placee has become a major shareholder of the Company immediately following the completion of the placement. As of the date of this announcement, under Part XV of the Securities and Futures Ordinance, Dr. Liu Zhiwei is deemed to have an equity interest in 2.555 billion shares, representing approximately 24.78% of the total issued shares. Dr. Liu remains the single largest and major shareholder of the Company (as defined in the Securities Listing Rules of the Stock Exchange of Hong Kong Limited). As of the fourteenth day after the date of the placement and subscription agreement, the conditions precedent for the old-then-new subscription have not been met. After prudent consideration of the current market conditions, the unmet conditions for the old-then-new subscription, and the Group's business development and capital planning, the Board has decided not to proceed with the old-then-new subscription at this stage. The Company will continue to closely monitor the conditions of the capital market and will reassess and consider appropriate fundraising activities at the appropriate time.