Vobile Group Limited announced that it has completed the issuance of zero-interest convertible bonds totaling HK$78,000,000 under the general authorization on November 9, 2024. The bonds will mature in 2027 and were issued after all prerequisites were met on November 9, 2024. If all bondholders exercise the conversion rights, they will convert into shares at an initial conversion price of HK$1.95 per share, resulting in a change in the company's equity structure. 75% of the proceeds from this issuance will be used for investment purposes, while the remaining 25% will be used for general operational funding. The board of directors includes Executive Directors Mr. Wang Yangbin and Mr. Wang Weijun, Non-executive Directors Mr. Chen Zhengxin, Mr. J David WARGO, and Mr. Deng Yihai, as well as Independent Non-executive Directors Mr. Alfred Tsai CHU, Mr. Charles Eric EESLEY, and Mr. Guan Yijie.

Vobile Group Limited announced that it has completed the issuance of zero-interest convertible bonds totaling HK$78,000,000 under the general authorization on November 9, 2024. The bonds will mature in 2027 and were issued after all prerequisites were met on November 9, 2024. If all bondholders exercise the conversion rights, they will convert into shares at an initial conversion price of HK$1.95 per share, resulting in a change in the company's equity structure. 75% of the proceeds from this issuance will be used for investment purposes, while the remaining 25% will be used for general operational funding. The board of directors includes Executive Directors Mr. Wang Yangbin and Mr. Wang Weijun, Non-executive Directors Mr. Chen Zhengxin, Mr. J David WARGO, and Mr. Deng Yihai, as well as Independent Non-executive Directors Mr. Alfred Tsai CHU, Mr. Charles Eric EESLEY, and Mr. Guan Yijie.