Congratulations to Shanghai Xizhi Technology Co., Ltd.（1879.HK） on its successful Listing on the Mainboard of HKSE on 28 Apr 2026.
Shanghai Xizhi Technology Co., Ltd. （the “Xizhi”） is dedicated to the field of optoelectronic computing, an innovative paradigm that combines the advantages of photonics and electronics. Xizhi has built a product and solution portfolio centered on optical interconnect and optical computing, powered by our proprietary optoelectronic chip technologies, delivering scalable and cost-effective solutions.
With regard to this listing application, AVISTA Group is honored to be engaged in providing valuation services on financial instruments, long-term equity investments and long-term asset impairment test.
Congratulations again Shanghai Xizhi Technology Co., Ltd.（1879.HK） on its successful listing. The issue price of the shares is HKD 183.2 per share, and the amount of funds raised is HKD 2.5273 billion.
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Congratulations to Shanghai Xizhi Technology Co., Ltd.（1879.HK） on its Successful Listing

Congratulations to Manycore Tech Inc.（0068.HK） on its successful Listing on the Mainboard of HKSE on 17 Apr 2026.
Manycore Tech Inc. （the “Manycore”）is a leading provider of cloud-native spatial design software in China, adopted across a wide range of business scenarios, from residences and office buildings to retail stores and commercial projects. Powered by artificial intelligence (AI) technologies and purpose-built graphics processing unit (GPU) clusters, its software enables designers and businesses to create captivating designs and experience them through immediate and immersive visuals.
With regard to this listing application, AVISTA Group is honored to be engaged in providing valuation services on financial instruments, goodwill impairment test and financial assets.
Congratulations again Manycore Tech Inc.（0068.HK） on its successful listing. The issue price of the shares is HKD 7.62 per share, and the amount of funds raised is HKD 1.224 billion.
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Congratulations to Manycore Tech Inc.（0068.HK） on its successful Listing on the Mainboard of HKSE on 17 Apr 2026.

AVISTA Group was pleased to be invited to participate in the Cyberport Professional Network (CPN) Summit at Hong Kong Cyberport on 30 March 2026. It was held under the theme "Empower Cyberport community companies preparing for Hong Kong and global expansion." Our Managing Partner, Mr. Vincent Pang, Associate Director, Mr. Leo Lee, and Manager, Mr. Jeffrey Lo, attended the event, joining a vibrant community of mature, high-potential tech companies.
CPN brings together leading consultancy firms to provide start-ups with expert business guidance and one-on-one service clinics, covering areas such as financing, legal services, compliance, and market development. The network supports start-ups in refining strategies, expanding networks, and accelerating growth. At the summit, AVISTA Group hosted an exhibition booth and offered 1:1 professional consulting services, providing customized and practical advice to address the real challenges faced by emerging tech companies in business planning, valuation, ESG advisory and strategic development to the participants.  
Leveraging our industry expertise, our team delivered in-depth analysis and tailored, practical advice on business planning and valuation approaches for these emerging companies. Our participation reflects our commitment to impactful exchange, increased visibility, and partnership building within the tech ecosystem. We look forward to supporting innovative companies on their growth journeys and fostering meaningful collaborations in the industry.
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As the partner in Cyberport Professional Network (CPN) Summit

AVISTA Group is honored to have been invited by the Hong Kong Securities and Investment Institute (HKSI) to serve as the project sponsor for the Institute Case Competition 2026. Our Associate Director of Valuation Advisory Services, Mr. Leo Lee, took on the role of coach, providing guidance and mentorship to the talented participants throughout the competition.
This year’s competition featured a Fintech-themed research project with two rounds of assessments. The first round focused on the topic “Buy Now Pay Later (BNPL) 2.0: Growth Revival or the Next Valuation Bubble?” Mr. Lee selected the outstanding team ‘Wild Card’ from five groups to advance to the semi-final round. In the semi-final, the selected team tackled the topic “Artificial Intelligence Solutions for Investing Public or Banking Customers to Detect Potential Financial Crime.” We are delighted to share that team ‘Wild Card’ went on to become the champion of the competition, demonstrating exceptional analytical skills, innovative thinking, and outstanding performance at every stage.
We extend our sincere appreciation to all the teams for their hard work and dedication, and congratulate all the winners on their remarkable achievements. As a leading professional advisory firm, AVISTA Group is privileged to share our expertise and support the development of future business leaders through initiatives like the HKSI Institute Case Competition.
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As a project sponsor of the Hong Kong Securities and Investment Institute (HKSI) Institute Case Competition 2026

Congratulations to Axera Semiconductor Co., Ltd.（0600.HK） on its successful Listing on the Mainboard of HKSE on 10 Feb 2026.
Axera Semiconductor Co., Ltd. （the “Axera”）is a supplier of AI inference system chips, focusing on building high-performance perception and computing platforms for AI applications in edge computing and terminal devices. Axera is committed to constructing advanced AI computing infrastructure, promoting the widespread adoption of artificial intelligence, making AI more accessible, and creating a better life.
With regard to this listing application, AVISTA Group is honored to be engaged in providing valuation services on PS, ESOP, Forward contracts, PPA and Goodwill Impairment Test.
Congratulations again Axera Semiconductor Co., Ltd.（0600.HK） on its successful listing. The issue price of the shares is HKD 28.2 per share, and the amount of funds raised is HKD 2.959 billion.
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Congratulations to Axera Semiconductor Co., Ltd.（0600.HK） on its Successful Listing

Congratulations to Distinct Healthcare Holdings Limited（2677.HK） on its successful Listing on the Mainboard of HKSE on 6 Feb 2026.
Distinct Healthcare Holdings Limited is a provider of mid-to-high-end private healthcare services in China. Through its network of private healthcare institutions and its online medical services platform, the Group delivers integrated online-to-offline healthcare services covering a broad range of specialties.
With regard to this listing application, AVISTA Group is honored to be engaged in providing valuation services related to preferred shares, employee share options, goodwill impairment testing, and purchase price allocation for financial reporting purposes.
Congratulations again Distinct Healthcare Holdings Limited（2677.HK） on its successful listing. The issue price of the shares is HKD 59.9 per share, and the amount of funds raised is HKD 285 million.
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Congratulations to Distinct Healthcare Holdings Limited（2677.HK） on its Successful Listing

We are proud to announce that AVISTA Group has been recognized as an ESG Care Organization 2026 by the Institute of ESG &amp; Benchmark (IESGB). This recognition highlights our ongoing commitment to environmental, social, and governance (ESG) excellence, as well as our dedication to promoting sustainable business practices and social responsibility. We are honored to be part of a community that values positive impact and responsible growth.
Together, we will continue to drive meaningful change for a more sustainable future.
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