Hongte Technology: Plans to raise no more than 650 million yuan through a private placement for multiple project construction.

Hongte Technology announced that this capital increase is based on a total share capital of 387 million shares as of the close on August 12, 2026. Shares will be allocated at a ratio of 4 shares for every 10 shares held, amounting to 155 million shares available for allocation, with a subscription price of 3.36 yuan per share. The funds raised will not exceed 650 million yuan and will be used for projects including the production base for automotive parts in Thailand. The controlling shareholder, Guangdong Baibang He Industrial Investment Co., Ltd., has committed to fully subscribe to the 38.8792 million shares available for allocation. The payment period for the stock subscription is from August 13 to 19, during which the stock will be suspended from trading, and the results will be announced on August 21, with trading resuming thereafter.