LOPAL TECH (603906.SH) has announced that its board of directors passed a resolution on June 16, 2026, regarding the placement of new shares on the Main Board of The Stock Exchange of Hong Kong Limited under a general mandate.

The board approved a proposal for the company to place new H shares pursuant to this general mandate.

Under the terms of the placement agreement, the joint placing agents have conditionally agreed to use their best efforts to procure no fewer than six placees to subscribe for a maximum aggregate of 15 million placement shares.

The placement price has been set at HK$13.09 per share.