Han's CNC Proposes Shifting RMB 1.44 Billion in IPO Proceeds to PCB Equipment Capacity Expansion

• Shenzhen Han's CNC shareholders will vote at their fourth extraordinary general meeting of 2026 on reallocating H Share Global Offering proceeds.
• The ordinary resolution would shift RMB 1.44 billion from R&D and operational capabilities to specialized PCB equipment production capacity.
• Production capacity's allocation would rise to 70% from 40%; R&D and operational capabilities would fall to 20% from 50%.
• The reallocation prioritizes materials and equipment procurement to meet stronger demand from downstream AI PCB manufacturers.
• The board considers the proposal fair, reasonable and in shareholders' overall interests.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shenzhen Han's CNC Technology Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261106-12404334), on November 06, 2026, and is solely responsible for the information contained therein.