PHANCY (06682) announced that before the trading session of the Stock Exchange on April 22, 2026, the company plans to place up to 38.8 million shares through a placing agent to no fewer than six placees. The placing price is set at HK$40.36 per share, aiming to raise a maximum net amount of approximately HK$1.556 billion. Eighty percent of the proceeds will be allocated to advance the development of heterogeneous AI computing equipment based on heterogeneous GPUs, providing infrastructure for the group's API business. The remaining twenty percent will be used for global business expansion and potential acquisitions to support technology service providers for emerging business segments.