Hatcher Group Limited — M&A Activity 2026

Jun 4, 2026

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

HATCHER GROUP LIMITED

亦辰集團有限公司*

(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 8365)

VOLUNTARY ANNOUNCEMENT

INVESTMENT IN NEW BUSINESS

This announcement is made by Hatcher Group Limited (the "Company", together with its subsidiaries, the "Group") on a voluntary basis to keep its shareholders and potential investors informed of the latest business development of the Group.

The board (the "Board") of directors (the "Directors") of the Company is pleased to announce that the Company (the "Purchaser") and Hintech Robotics Limited (the "Vendor") entered into a sale and purchase agreement (the "SP Agreement") on 4 June 2026, pursuant to which the Company agreed to acquire 51% of the issued share capital of Hong Kong Cross-Border Aviation Technology Co., Limited (the "Target Company") at a consideration of HK$1 (the "Acquisition").

The Target Company is a company incorporated in Hong Kong with limited liability and principally engaged in low-altitude economy ("LAE") and e-commerce related businesses. The Target Company has established an industry-academia-research collaborative relationship with the Research & Development Institute of Northwestern Polytechnical University in Shenzhen (西北工業大學深圳研究院) and expects to gain technology relating to drone development through such collaboration. As at the date of this announcement, the Target Company is wholly and beneficially owned by the Vendor.

The obligations of the Purchaser and the Vendor under the SP Agreement include the following:

As the majority shareholder of the Target Company following completion of the Acquisition, the Purchaser shall:

(i) assist the Target Company in fund-raising activities; and
(ii) provide or arrange the provision of related services like accounting, corporate secretarial and corporate finance services to the Target Company.

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The Vendor shall use its best endeavor to assist the Target Company in:

(i) establishing a drone technology research centre, which covers the research and development of drone production and other related technologies like flight control and navigation;

(ii) identifying a suitable location in Hong Kong for the establishment of a drone manufacturing plant; and

(iii) applying for and obtaining all necessary approvals and qualifications required for cross-border navigation of drones in the Greater Bay Area, including but not limited to the necessary permits obtained from the Civil Aviation Administration of China (CAAC), the Hong Kong Civil Aviation Department (CAD) and/or other relevant regulatory authorities.

LAE generally refers to economic activities in airspace below 1,000 metres and presents a wide array of application scenarios including rescues, surveys and delivery of goods and passengers. According to the projection by a renowned investment bank, the global LAE market will reach a staggering US$9 trillion (approximately HK$70 trillion) by 2050. The Government of the Hong Kong Special Administrative Region has taken proactive steps in LAE development by establishing a dedicated working group in 2024 and launching the Low-altitude Economy Regulatory Sandbox in early 2025. In view of these and based on assessments by the Directors, the Board believes that investing in LAE business can diversify the Group’s sources of revenue.

The Company will make further announcement(s) in relation to the above as and when appropriate in accordance with the Rules Governing the Listing of Securities on GEM (the “GEM Listing Rules”) of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”).

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board
Hatcher Group Limited
Hui Ringo Wing Kun
Executive Director

Hong Kong, 4 June 2026

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As at the date of this announcement, the Directors are:

Executive Directors:

Mr. Li Man Keung Edwin (Executive Chairman)
Mr. Hui Ringo Wing Kun
Mr. Yeung Chun Yue David (Vice Chairman)

Non-executive Director:

Ms. Chan Hiu Shan

Independent non-executive Directors:

Mr. William Robert Majcher
Mr. Ho Lik Kwan Luke
Mr. Lau Pak Kin Patric

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief, the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the “Latest Listed Company Information” page of the Stock Exchange’s website at www.hkexnews.hk for at least 7 days from the date of its publication and will be published on the Company’s website at www.hatcher-group.com.

• for identification purpose only

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