Visionox Technology Inc. announced private placement to issue not more than 30% of total share capital of A shares at an issue price that is not less than 80% of the average price in the 20 trading days before the pricing reference date for total gross proceeds of not more than CNY 300,000,000 on May 18, 2026. The transaction includes participation from not more than 35 investors. The shares cannot be transferred within 6 months from the issuance closing date.

The transaction is approved by board of directors of the company in its 33rd Meeting of the 7th Directorate and is subject to approval of shareholders, will be submitted to the Company?s Annual Shareholders Meeting of 2025 for approval.