Guofu Quantum (00290) completed the placement of a total of 219 million shares and terminated the subscription of new shares after the previous one

According to the Zhitong Finance App, Guofu Quantum (00290) issued an announcement. According to the terms and conditions of the placement and subscription agreement, the placement was completed on August 4, 2026. Of these, a total of 219 million placed shares owned by the seller's Benefit have been successfully placed by placement agents to no less than six undertakers according to the best effort basis and at a placement price of HK$1.60 per placement share. According to the directors' knowledge, knowledge and belief after making all reasonable inquiries, the undertaker and its ultimate beneficial owner are independent third parties. None of the undertakers became major shareholders of the Company immediately after the placement was completed.

On the date of this announcement, according to Part XV of the Securities and Futures Ordinance, Dr. Lau Chi-wai was deemed to have an interest in 2,554 billion shares, accounting for approximately 24.78% of the total number of issued shares. Dr. Lau remains the single largest shareholder and principal shareholder of the Company (as defined in the Hong Kong Stock Exchange Limited Securities Listing Rules).

At the expiration of the 14th day after the date of the placement and subscription agreement, the prerequisites for the old and new subscription items have not been fulfilled. After careful consideration of current market conditions, unmet prerequisites for old and new subscription items, and the Group's business development and capital planning, the board of directors has decided not to proceed with new subscription matters at this stage.

The Company will continue to closely monitor the state of the capital market and re-evaluate and consider appropriate fund-raising activities at the appropriate time.