GCL Technology (Stock Code: 3800) Announces Completion of Tranche 2B Subscription

Bulletin Express11-19

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of the announcement dated 19 November 2025 by GCL Technology Holdings Limited (Stock Code: 3800) and disclaim any liability for any loss arising from or in reliance upon its contents.

GCL Technology Holdings Limited completed the Tranche 2B Subscription on 19 November 2025. A total of 1,353,043,000 new shares were issued and allotted to Infini Global Master Fund at HK$1.15 per share under a general mandate, following earlier announcements on 16 September 2025, 25 September 2025, 10 October 2025, and 7 November 2025.

According to the announcement, the board of directors comprises six executive directors, including Chairman Zhu Gongshan, and four independent non-executive directors. The transaction details remain consistent with the earlier disclosed terms.

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