Shenzhen HQVT Technology Co., Ltd. has kicked off its Hong Kong Main Board listing with a Global Offering of 85.16 million H shares at HK$7.20 each, implying gross proceeds of approximately HK$613.17 million before expenses and levies.

The transaction is split into: • Hong Kong Public Offering: 8.52 million shares (10% of the deal), subject to reallocation. • International Placing: 76.65 million shares (90%), also subject to reallocation.

Should demand warrant, up to 4.26 million shares could be shifted from the International Placing to the Hong Kong Public Offering, expanding the retail tranche to as many as 12.77 million shares (15% of the total).

Key pricing details for retail investors include brokerage of 1.0%, an SFC transaction levy of 0.0027%, a Stock Exchange trading fee of 0.00565% and an AFRC levy of 0.00015%. The minimum application size is 500 shares, requiring HK$3,636.31 inclusive of all charges.

The fully electronic subscription window opens at 9:00 a.m. on 11 June 2026 and closes at 12:00 noon on 16 June 2026. Allocation results will be released on 18 June 2026. Conditional dealings in the H shares are scheduled to begin at 9:00 a.m. on 22 June 2026 under the stock code 1392, trading in board lots of 500 shares. CCASS will handle clearing and settlement from the listing date.

Applications must be submitted online via the HK eIPO White Form platform (for investors seeking registered certificates) or through brokers/custodians via HKSCC’s FINI system (for CCASS settlement). No printed prospectus or physical application channels are available.

The board is led by Chairman Zhou Bo and comprises five executive directors, one non-executive director and three independent non-executive directors.