AVISTA wishes you a happy Chinese New Year! May the Year of the Rat bring you good health and good fortune!
 
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Chinese New Year Greetings from AVISTA Group

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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