HTT

XIAMEN, China, June 29, 2026 /PRNewswire/ -- High Templar Tech Limited (the "Company," "High Templar" or "we") (NYSE: HTT), announced today the final results of its "modified Dutch Auction" tender offer to purchase up to 39 million American Depositary Shares (the "ADSs") of the Company, each representing one Class A ordinary share, par value US$0.0001 per share, which expired at 5:00 P.M., New York City time, on June 24, 2026. Based on the final count by Equiniti Trust Company, LLC, the depositary for the tender offer (the "Depositary"), a total of 45,999,926 ADSs of the Company were properly tendered and not properly withdrawn at or below the purchase price of US$3.20 per ADS, including 387,477 ADSs that were tendered by notice of guaranteed delivery. The Company has accepted for purchase a total of 39,999,926 ADSs that were tendered in the tender offer at a purchase price of US$3.20 per ADS, for an aggregate cost of US$127,999,763.20, excluding fees and expenses relating to the tender offer. Included in the 39,999,926 ADSs that the Company accepted for purchase are 999,926 ADSs that the Company elected to purchase pursuant to its right to purchase up to an additional 2% of its outstanding ADSs. Due to the oversubscription of the tender offer, the Company accepted the ADSs on a pro rata basis, except for tenders of "odd lots," which were accepted in full, and conditional tenders that were automatically regarded as withdrawn because the condition of the tender has not been met, and has been informed by the Depositary that the final proration factor for the tender offer is approximately 88.8%. The total of 39,999,926 ADSs that the Company has accepted for purchase represents approximately 42.8% of the total number of ADSs outstanding as of June 25, 2026. Deutsche Bank Securities Inc. acted as dealer manager for the tender offer and D.F. King & Co., Inc. acted as information agent for the tender offer. Shareholders who have questions or would like additional information about the tender offer may contact D.F. King & Co., Inc. at (888) 644-5854, toll at (646) 989-1649 or email at [email protected]; banks and brokers may call Deutsche Bank Securities Inc. at (212) 250-5600. About High Templar Tech Limited High Templar is exploring innovative business opportunities globally to satisfy clients' demand by leveraging its technology know-how and financial service capabilities. For more information, please visit https://ir.hightemplar.com/. Forward-Looking Statements This announcement contains forward-looking statements. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the expectation of its collection efficiency and delinquency, contain forward-looking statements. High Templar may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to security holders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about High Templar's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: High Templar's goal and strategies; High Templar's expansion plans; High Templar's future business development, financial condition and results of operations; High Templar's expectations regarding demand for, and market acceptance of, its products; High Templar's expectations regarding keeping and strengthening its relationships with customers, business partners and other parties it collaborates with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in High Templar's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and High Templar does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: In China:High Templar Tech Limited Tel: +86-592-317-2318E-mail: [email protected] View original content:https://www.prnewswire.com/news-releases/high-templar-tech-announces-final-results-of-modified-dutch-auction-tender-offer-302812952.html

XIAMEN, China, June 25, 2026 /PRNewswire/ -- High Templar Tech Limited (the "Company," "High Templar" or "we") (NYSE: HTT), announced today the preliminary results of its "modified Dutch Auction" tender offer to purchase up to 39 million American Depositary Shares (the "ADSs") of the Company, each representing one Class A ordinary share, par value US$0.0001 per share, which expired at 5:00 P.M., New York City time, on June 24, 2026. Based on the preliminary count by Equiniti Trust Company, LLC, the depositary for the tender offer (the "Depositary"), a total of 46,046,558 ADSs of the Company were properly tendered and not properly withdrawn at or below the purchase price of US$3.20 per ADS, including 446,909 ADSs that were tendered by notice of guaranteed delivery. In accordance with the terms and conditions of the tender offer and based on the preliminary count by the Depositary, the Company expects to purchase approximately 40,869,952 ADSs that were tendered in the tender offer at a purchase price of US$3.20 per ADS, for an aggregate cost of approximately US$130.8 million, excluding fees and expenses relating to the tender offer. Included in the 40,869,952 ADSs that the Company expects to purchase are 1,869,952 ADSs that the Company has elected to purchase pursuant to its right to purchase up to an additional 2% of its outstanding ADSs. Due to the oversubscription of the tender offer, the Company expects to accept the ADSs on a pro rata basis, except for tenders of "odd lots," which will be accepted in full, and conditional tenders that will automatically be regarded as withdrawn because the condition of the tender has not been met, and has been informed by the Depositary that the preliminary proration factor for the Offer is approximately 88.8%, assuming all ADSs tendered by notice of guaranteed delivery will be delivered. The total of 40,869,952 ADSs that the Company expects to purchase represents approximately 43.7% of the total number of ADSs outstanding as of June 24, 2026. The number of ADSs expected to be purchased by the Company and the proration factor are preliminary and subject to change. The preliminary information contained in this press release is subject to confirmation by the Depositary and is based on the assumption that all ADSs tendered through notice of guaranteed delivery will be delivered within the one-trading day settlement period. The final number of ADSs to be purchased by the Company will be announced following the expiration of the guaranteed delivery period and completion by the Depositary of the confirmation process. Payment for the ADSs accepted for purchase under the tender offer will occur promptly thereafter. Deutsche Bank Securities Inc. acts as dealer manager for the tender offer and D.F. King & Co., Inc. acts as information agent for the tender offer. Shareholders who have questions or would like additional information about the tender offer may contact D.F. King & Co., Inc. at (888) 644-5854, toll at (646) 989-1649 or email at [email protected]; banks and brokers may call Deutsche Bank Securities Inc. at (212) 250-5600. About High Templar Tech Limited High Templar is exploring innovative business opportunities globally to satisfy clients' demand by leveraging its technology know-how and financial service capabilities. For more information, please visit https://ir.hightemplar.com/. Forward-Looking Statements This announcement contains forward-looking statements, including regarding the consummation of the tender offer and payment for shares purchased in the tender offer. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the expectation of its collection efficiency and delinquency, contain forward-looking statements. High Templar may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to securityholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about High Templar's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: High Templar's goal and strategies; High Templar's expansion plans; High Templar's future business development, financial condition and results of operations; High Templar's expectations regarding demand for, and market acceptance of, its products; High Templar's expectations regarding keeping and strengthening its relationships with customers, business partners and other parties it collaborates with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in High Templar's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and High Templar does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: In China:High Templar Tech Limited Tel: +86-592-317-2318E-mail: [email protected] View original content:https://www.prnewswire.com/news-releases/high-templar-tech-announces-preliminary-results-of-modified-dutch-auction-tender-offer-302810639.html

XIAMEN, China, March 11, 2026 /PRNewswire/ -- High Templar Tech Limited ("High Templar" or "the Company" or "We") (NYSE: HTT), an enabler of AI-driven technology company in China, today announced its unaudited financial results for the quarter and full year ended December 31, 2025. Fourth quarter 2025 Financial Highlights: Total revenues were RMB3.2 million (US$0.5 million), compared to RMB52.2 million for the same period of last year Net loss attributable to the Company's shareholders was RMB163.1 million (US$23.3 million), compared to RMB66.4 million for the same period of last year; net loss per diluted ADS was RMB1.03 (US$0.15) for the fourth quarter of 2025 Full Year 2025 Financial Highlights: Total revenues were RMB41.0 million (US$5.9 million) for 2025, representing a decrease of 81.1% from 2024, primarily attributable to the decrease in sales income generated from last-mile delivery business Net income attributable to the Company's shareholders was RMB708.6 million (US$101.3 million), compared to RMB91.7 million in 2024; net income per diluted ADS was RMB4.25 (US$0.61) for 2025 We continued to execute our business transition while maintaining a healthy balance sheet by pursuing efficient cash management. Moving forward, we remain focused on navigating market dynamics and capitalizing on new business in order to build long-term value for our shareholders. Fourth Quarter Financial Results Sales income and others decreased by 93.9% to RMB3.2 million (US$0.5 million) from RMB52.2 million for the fourth quarter of 2024, which was primarily due to the winding down of our last-mile delivery business. Total operating costs and expenses decreased by 31.8% to RMB111.6 million (US$16.0 million) from RMB163.7 million for the fourth quarter of 2024. Cost of revenues decreased by 95.2% to RMB2.3 million (US$0.3 million) from RMB47.8 million for the fourth quarter of 2024, primarily due to the decrease in service cost as we wing down the last-mile delivery business. General and administrative expenses decreased by 16.7% to RMB94.6 million (US$13.5 million) from RMB113.6 million for the fourth quarter of 2024, primarily due to the decrease in staff compensations. Research and development expenses decreased by 20.3% to RMB10.2 million (US$1.5 million) from RMB12.8 million for the fourth quarter of 2024, as a result of the decrease in staff head count, which led to a corresponding decrease in staff salaries. Loss from operations was RMB108.4 million (US$15.5 million), compared to RMB111.3 million for the fourth quarter of 2024, mainly due to the winding down of our last-mile delivery and decrease in staff compensations. Interest and investment loss, net was RMB36.9 million (US$5.3 million), compared to an income of RMB8.0 million for the fourth quarter of 2024, mainly due to the decrease of income from investments in the fourth quarter of 2025. Gain on derivative instrument was RMB37.3 million (US$5.3 million), compared to a loss of RMB32.6 million for the fourth quarter of 2024, mainly attributable to the increase in quoted price of the underlying equity securities relating to the derivative instruments we held. Net loss attributable to the Company's shareholders was RMB163.1 million (US$23.3 million), compared to RMB66.4 million in the fourth quarter of 2024. Net loss per diluted ADS was RMB1.03 (US$0.15). Full Year 2025 Financial Results Sales income and others decreased by 81.1% to RMB41.0 million (US$5.9 million) from RMB216.4 million for the year of 2024, which was primarily due to the winding down of our last-mile delivery business. Total operating costs and expenses decreased by 16.2% to RMB439.7 million (US$62.9 million) from RMB524.9 million for 2024. Cost of revenues decreased by 81.1% to RMB38.0 million (US$5.4 million) from RMB201.0 million for 2024, primarily due to the decrease in service cost as we wind down the last-mile delivery business. General and administrative expenses increased by 5.4% to RMB291.5 million (US$41.7 million) from RMB276.6 million for 2024, primarily due to the increase in depreciation and property tax expenses following the completion of the construction of the Company's headquarters and partially offset by the decrease in staff compensations. Research and development expenses decreased by 21.9% to RMB45.7 million (US$6.5 million) from RMB58.5 million for 2024, primarily due to the decrease in staff head count, which led to a corresponding decrease in staff salaries. Loss from operations was RMB398.4 million (US$57.0 million) compared to RMB308.1 million for 2024. Interest and investment income, net increased by 160.6% to RMB990.4 million (US$141.6 million) from RMB380.1 million for 2024, primarily attributable to the increase of income from investments in the year of 2025. Gain on derivative instrument was RMB188.7 million (US$27.0 million) from RMB19.5 million for 2024, mainly due to increase in quoted price of the underlying equity securities relating to the derivative instruments we held. Net income attributable to the Company's shareholders was RMB708.6 million (US$101.3 million), compared to RMB91.7 million in 2024; net income per diluted ADS was RMB4.25 (US$0.61). Cash Flow As of December 31, 2025, the Company had cash and cash equivalents of RMB5,532.4 million (US$791.1 million) and restricted cash of RMB1,523.7 million (US$217.9 million). Restricted cash mainly represents security deposits held in designated bank accounts for the guarantee of short-term borrowings. Such restricted cash is not available to fund the general liquidity needs of the Company. For the fourth quarter of 2025, net cash provided by operating activities was RMB50.0 million (US$7.1 million), mainly attributable to proceeds from interest and investment income. Net cash used in investing activities was RMB1,347.6 million (US$192.7 million), mainly due to payments of deposit pledged as collateral for derivative instrument. Net cash used in financing activities was RMB128.0 million (US$18.3 million), mainly due to the repurchase of ordinary shares. For the full year of 2025, net cash provided by operating activities was RMB687.2 million (US$98.3 million), mainly attributable to proceeds from interest and investment income. Net cash provided by investing activities was RMB851.8 million (US$121.8 million), mainly attributable to proceeds from redemption of short-term investments and redemption of deposit pledged as collateral for derivative instrument. Net cash provided by financing activities was RMB555.5 million (US$79.4 million), mainly due to the proceeds from short-term borrowings and partially offset by the repurchase of ordinary shares. Update on Share Repurchase Our Board approved a share repurchase program in March 2024 to purchase up to US$300 million worth of Class A ordinary shares or ADSs in the next 36 months starting from June 13, 2024. From the launch of the share repurchase program on June 13, 2024 to March 8, 2026, the Company has in aggregate purchased 28.0 million ADSs in the open market for a total amount of approximately US$77.7 million (an average price of $2.8 per ADS) pursuant to the share repurchase program. As of March 8, 2026, the Company had in aggregate purchased 182.3 million ADSs for a total amount of approximately US$771.9 million (an average price of $4.2 per ADS). About High Templar Tech Limited High Templar Tech Limited ("High Templar") is an enabler of AI-driven technology. High Templar is exploring innovative business opportunities globally to satisfy clients' demand by leveraging its technology know-how and financial service capabilities. For more information, please visit https://ir.hightemplar.com/. Use of Non-GAAP Financial Measures We use Non-GAAP net income/loss attributable to the Company's shareholders, a Non-GAAP financial measure, in evaluating our operating results and for financial and operational decision-making purposes. We believe that Non-GAAP net income/loss attributable to the Company's shareholders helps identify underlying trends in our business by excluding the impact of share-based compensation expenses, which are non-cash charges. We believe that Non-GAAP net income/loss attributable to the Company's shareholders provides useful information about our operating results, enhances the overall understanding of our past performance and future prospects and allows for greater visibility with respect to key metrics used by our management in its financial and operational decision-making. Non-GAAP net income/loss attributable to the Company's shareholders is not defined under U.S. GAAP and is not presented in accordance with U.S. GAAP. This Non-GAAP financial measure has limitations as an analytical tool, and when assessing our operating performance, cash flows or our liquidity, investors should not consider them in isolation, or as a substitute for net loss /income, cash flows provided by operating activities or other consolidated statements of operation and cash flow data prepared in accordance with U.S. GAAP. We mitigate these limitations by reconciling the Non-GAAP financial measure to the most comparable U.S. GAAP performance measure, all of which should be considered when evaluating our performance. For more information on this Non-GAAP financial measure, please see the table captioned "Unaudited Reconciliation of GAAP and Non-GAAP Results" set forth at the end of this press release. Exchange Rate Information This announcement contains translations of certain RMB amounts into U.S. dollars ("US$") at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to US$ were made at the rate of RMB6.9931 to US$1.00, the noon buying rate in effect on December 31, 2025, in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or US$ amounts referred could be converted into US$ or RMB, as the case may be, at any particular rate or at all. Statement Regarding Preliminary Unaudited Financial Information The unaudited financial information set out in this earnings release is preliminary and subject to potential adjustments. Adjustments to the consolidated financial statements may be identified when audit work has been performed for the Company's year-end audit, which could result in significant differences from this preliminary unaudited financial information. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the expectation of its collection efficiency and delinquency, contain forward-looking statements. High Templar may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about High Templar's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: High Templar's goal and strategies; High Templar's expansion plans; High Templar's future business development, financial condition and results of operations; High Templar's expectations regarding demand for, and market acceptance of, its products; High Templar's expectations regarding keeping and strengthening its relationships with customers, business partners and other parties it collaborates with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in High Templar's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and High Templar does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: In China: High Templar Tech Limited Tel: +86-592-596-8208 E-mail: [email protected] View original content:https://www.prnewswire.com/news-releases/high-templar-tech-limited-reports-fourth-quarter-and-full-year-2025-unaudited-financial-results-302710654.html