Shanghai Iluvatar CoreX prices HK$7.07 billion H-share placement at HK$476 each

• Shanghai Iluvatar CoreX Semiconductor announced a private placement of 14,857,000 new H shares at HK$ 476 per share.
• Deal size HK$ 7.07 billion gross; about HK$ 7.03 billion net; pricing implies a 15% discount to the last close of HK$ 560.
• Shares equal about 5.84% of existing shares outstanding; about 5.52% on a fully placed, enlarged basis.
• Placement targets at least six independent institutional investors; closing set for July 13, 2026, subject to approvals.
• Proceeds earmarked mainly for supply-chain procurement, next-generation R&D, software and solutions expansion, selective M&A, working capital.

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. Shanghai Iluvatar Corex Semiconductor 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-20260709-12238637), on July 09, 2026, and is solely responsible for the information contained therein.