BRETON Technology Co., Ltd. (stock code 01333, “BRETON”) disclosed on 10 March 2026 that it has signed an investment framework agreement to acquire a 35% equity interest in GEOCENTRIC INTERACTION MINING COMPANY LIMITED (“GEOCENTRIC”), a gold-exploration company incorporated in Sierra Leone.

The proposed transaction combines a capital increase with a subsequent equity transfer and is based on a preliminary pre-deal valuation of GEOCENTRIC at RMB58.80 million.

Phase I • BRETON will inject RMB11.20 million into GEOCENTRIC for a 16% stake. • Upon completion, GEOCENTRIC’s post-money valuation will rise to RMB70.00 million.

Phase II • After Phase I closes, BRETON will purchase an additional 19% equity from existing shareholders for RMB13.30 million. • Completion of both phases will raise BRETON’s total holding to 35%.

The final consideration is subject to customary due diligence and definitive documentation. Key conditions include Chinese outbound-investment filings for BRETON, relevant approvals in Sierra Leone for GEOCENTRIC, satisfactory legal, financial, tax and environmental reviews, and the signing of detailed capital-increase, share-transfer and shareholder agreements.

An exclusivity clause prevents GEOCENTRIC and its shareholders from negotiating alternative transactions before 8 September 2026 without BRETON’s written consent.

BRETON develops new-energy electric-drive technology, unmanned-driving solutions and integrated PV storage-and-charging systems for the mining sector. Management expects the investment to secure strategic mining rights while creating a platform to export BRETON’s zero-carbon, intelligent-mine solutions internationally.

The framework agreement is not classified as a notifiable transaction under Hong Kong Listing Rules. Shareholders and potential investors are advised that the deal remains subject to further negotiation and regulatory approvals.