Singularity Guofeng (01280) completed the issuance of 94.069,500 cost shares

Zhitong Finance App News, Singularity Guofeng (01280) issued an announcement on matters relating to the acquisition of the target company, an AI technology company interested in e-commerce AI enabling services as its core business. All prerequisites have been met and completed and implemented on December 15, 2025 in accordance with the terms of the acquisition agreement. According to the acquisition agreement, the Company has officially allotted and issued consideration shares (i.e. 94.069,500 shares) to the seller (or its nominee under the acquisition agreement) at the issue price of HK$4.89 per share.

Prior to completion, the Company had issued 1,837 million shares. The price shares (i.e. 94.069,500 shares) are equivalent to about 5.12% of the Company's current issued share capital before completion; and approximately 4.87% of the Company's issued share capital after the allocation and expansion of the issued consideration shares immediately after completion.