Uspace Tech Group Limited ("the Company") announced on November 8, 2024, that, in accordance with the subscription agreement announced on October 18, 2024, the subscription of new shares was completed on the same day. A total of 71,524,000 new shares were issued in this subscription, accounting for approximately 14.20% of the enlarged issued share capital, increasing the company's previously issued share capital from 432,550,000 shares to 504,074,000 shares. After the subscription, the shareholding percentages of major shareholders China Aerospace (BVI) and Vision decreased from 18.11% and 4.76% to 15.54% and 4.08% respectively. The newly added public shareholder Subscriber A and Subscriber B each hold 7.10% of the shares. The net proceeds from the subscription are estimated to be 87.14 million Hong Kong dollars, which will be used for the general operating funds of the Group. The board of directors of the company includes executive director Mohamed Ben Amor (Chairman) and others.

Uspace Tech Group Limited ("the Company") announced on November 8, 2024, that, in accordance with the subscription agreement announced on October 18, 2024, the subscription of new shares was completed on the same day. A total of 71,524,000 new shares were issued in this subscription, accounting for approximately 14.20% of the enlarged issued share capital, increasing the company's previously issued share capital from 432,550,000 shares to 504,074,000 shares. After the subscription, the shareholding percentages of major shareholders China Aerospace (BVI) and Vision decreased from 18.11% and 4.76% to 15.54% and 4.08% respectively. The newly added public shareholder Subscriber A and Subscriber B each hold 7.10% of the shares. The net proceeds from the subscription are estimated to be 87.14 million Hong Kong dollars, which will be used for the general operating funds of the Group. The board of directors of the company includes executive director Mohamed Ben Amor (Chairman) and others.