Ruihe Data Extends Long Stop Date for HK$2.03 Share Placement, Pricing at 8.97% Discount

Bulletin Express08-11

Ruihe Data Technology Holdings Limited on 11 August 2026 signed a supplemental agreement with its placing agent to extend the Long Stop Date for its ongoing share placement from 13 August 2026 to 20 August 2026, allowing additional time for the agent to secure investors. No other terms of the original placing agreement were altered.

The placement will issue new shares under the Company’s general mandate at HK$2.03 per share, reflecting an 8.97% discount to the 11 August 2026 closing price of HK$2.23 and a 9.54% discount to the HK$2.244 average closing price over the preceding five trading days.

Completion of the placement remains contingent on satisfaction of the agreement’s conditions; accordingly, the transaction may or may not proceed. Ruihe Data advises shareholders and potential investors to exercise caution when dealing in its shares.

The board currently comprises four executive directors, three non-executive directors and four independent non-executive directors, chaired by Mr. Xue Shouguang.

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