Weimob completes Tranche 1B subscription, boosts public float

Weimob Inc. (HKEX:2013) announced on November 6, 2025, the successful completion of its Tranche 1B Subscription. This follows previous announcements regarding new share issues and supplemental agreements. All conditions precedent for the Tranche 1B Subscription and the related placing have been met or waived.

A total of 172,124,000 subscription shares were issued at HK$2.26 per share. This issuance increases the number of issued shares from 3,788,011,208 to 3,960,135,208. The completion ensures Weimob's public float now stands at no less than 25% of its enlarged issued share capital.

The board of directors includes Mr. SUN Taoyong (chairman and CEO), Mr. FANG Tongshu, Mr. YOU Fengchun, Mr. FEI Leiming as executive directors, and Mr. LI Xufu, Mr. TANG Wei, and Ms. XU Xiao’ou as independent non-executive directors. Lighthouse Capital (HK) Financial Limited served as financial adviser, with Guotai Junan Securities (Hong Kong) Limited and CLSA Limited as placing agents.