Hongte Technology: Announces a notice on the placement of shares, with fundraising not exceeding 650 million yuan.

Hongte Technology announced that the subscription price for this placement is 3.36 yuan per share, based on a total capital stock of 387 million shares as of the close on August 12, 2026. The subscription will be offered to all shareholders at a ratio of 4 shares for every 10 shares held, resulting in a total of 155 million shares available for placement, with total funds raised not exceeding 650 million yuan. The payment period for the placement subscription runs from August 13, 2026, to August 19, 2026, during normal trading hours on the Shenzhen Stock Exchange. The company's A-share stock will be suspended from trading from August 13, 2026, to August 20, 2026, and will resume trading on August 21, 2026, after the result of the placement is announced. The company's controlling shareholder, Guangdong Baibanghe Industrial Investment Co., Ltd., has committed to fully subscribing in cash to its subscribed shares.