VOICECOMM Technology Co., Ltd. (VOICECOMM) has cancelled its planned issue of new H-shares—referred to as “Subscription B”—after concluding that a key regulatory condition could not be met before the agreed long-stop date.

Key points

• Unfulfilled conditions precedent – Stock Exchange approval to list and deal in the Subscription Shares B had not been obtained. – A comprehensive review under PRC foreign-exchange rules indicated that additional registration or approval from the State Administration of Foreign Exchange (SAFE) might be required. The legal assessment could not be completed within the available timeframe.

• Conditional items regarded as satisfiable – The company believed its own representations and warranties and the absence of any material adverse change could have been fulfilled as of the completion date.

• Formal termination – VOICECOMM and the prospective investor executed a Deed of Termination on 5 May 2026, formally ending the Subscription Agreement B to provide certainty to both parties.

Board composition (date of announcement) Chairman & Executive Director: Mr. Tang Jinghua Executive Director: Mr. Sun Qi Non-Executive Directors: Mr. Yang Xiaoyuan, Mr. Tan Xiaobo, Mr. Chen Yulei, Ms. Ma Tiantian Independent Non-Executive Directors: Mr. Liu Rong, Mr. Wu Haipeng, Mr. Mu Binrui, Mr. Leung Kin Hong

The company stated no further adverse developments affecting its business operations or financial condition were identified up to the termination date.