Huicheng International Holdings (01146) announced that the Group was recently informed by its invested fund, Qingdao Huaxin Anchor Investment Center (Limited Partnership) (Qingdao Huaxin Anchor), that shares of its portfolio company, Shanghai Biren Technology Co., Ltd. (Shanghai Biren), were successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited on January 2, 2026. Qingdao Huaxin Anchor is a limited partnership established under the laws of the People's Republic of China, with its general partner being Qingdao Anchor Technology Investment Development Co., Ltd. Shanghai Biren was incorporated in China. The principal businesses of Shanghai Biren and its subsidiaries encompass the sales of general-purpose graphics processing unit (GPGPU) chips, GPGPU-based intelligent computing solutions to support artificial intelligence and related services, as well as engaging in GPGPU-related research and development activities primarily within China and other regions. Following the completion of the listing, the Group's equity interest in Shanghai Biren held through Qingdao Huaxin Anchor, specifically 1,702,550 ordinary shares of Shanghai Biren representing approximately 0.07% of its issued share capital, was converted into H-shares of Shanghai Biren. Based on the closing price of Shanghai Biren's H-shares at HK$34.46 on January 2, 2026, the fair value of the Group's shareholding in Shanghai Biren via Qingdao Huaxin Anchor amounted to HK$58.6699 million (equivalent to approximately RMB 52.9918 million). After deducting the Group's investment cost and related expenses, this investment is expected to yield a net gain compared to the Group's initial investment cost in Qingdao Huaxin Anchor.