Shanghai Sunmi Technology Co., Ltd. (“Sunmi Technology”) has released the key terms of its forthcoming Hong Kong Initial Public Offering. The weighted-voting-rights company plans to issue 42.63 million H shares at HK$24.86 each, implying potential gross proceeds of approximately HK$1.06 billion before expenses.

The Global Offering comprises: • Hong Kong Public Offering – 4.26 million H shares (10% of the deal, subject to reallocation). • International Offering – 38.36 million H shares (90%, subject to reallocation). Under Practice Note 18 of the Listing Rules, reallocation could lift the public tranche to a maximum 6.39 million shares (15% of the total). No stabilising manager will be appointed.

Key dates and details: • Prospectus date: 21 April 2026. • Application window (HK public tranche): 21 April 2026 09:00 to 24 April 2026 12:00 (Hong Kong time) via fully electronic channels only. • Allocation results publication: no later than 28 April 2026 23:00. • Listing and first trading day on HKEX Main Board: 29 April 2026, stock code 6810, board lot 100 shares. • Settlement: H shares admitted to CCASS on the listing date.

Investors should note that Sunmi Technology is controlled through a weighted voting rights structure, granting significant influence to the WVR beneficiary over shareholder resolutions.

Offer price payments are subject to standard charges: 1.0% brokerage, 0.0027% SFC levy, 0.00015% AFRC levy and 0.00565% Stock Exchange trading fee. The nominal value per H share is RMB 1.00.

The company has applied for listing approval of the new H shares, the converted unlisted shares, and any Class B ordinary shares that may arise from the conversion of Class A shares under the PRC’s H-share “full circulation” regime.