FORM 1 - Individual Substantial Shareholder Notice
 
Form Serial Number: IS20260716E00003
1. Date of relevant event: 13/07/2026
(dd/mm/yyyy)
2. Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later): 13/07/2026
(dd/mm/yyyy)
3. Stock code: 09903
4. Name of listed corporation: Shanghai Iluvatar CoreX Semiconductor Co., Ltd. 
5. Class of shares: H Shares 
6. Number of issued shares in class: 259,958,965
7. Name of substantial shareholder (English) as printed on HKID Card/Passport:
(Surname) Li
(Other names) Hui
10. Name of substantial shareholder (Chinese): 黎輝 
11. Chinese Character Code as printed on HKID Card: 78126540
 
14. Details of relevant event:
  Brief description of relevant event Capacity in which shares were/are held Number of shares bought/sold or involved Currency of transaction On Exchange Off Exchange
Before relevant event After relevant event Highest price (per share) Average price (per share) Average consideration (per share) Nature of consideration
Long position 
1213The percentage level of your interest in the shares has reduced because:
any other event (you must briefly describe the relevant event in the Supplementary Information box)
 
 
2201Interest of corporation controlled by you
 
61,352,943         
 
Short position 
 
 
 
           
15. Total shares immediately before the relevant event:
 Total number of sharesPercentage figure (%)
Long position61,352,94325.03
 
16. Total shares immediately after the relevant event:
 Total number of sharesPercentage figure (%)
Long position61,352,94323.60
 
17. Capacity in which interests disclosed in Box 16 are held:
Capacity codeNumber of shares
2201Interest of corporation controlled by you
Long position61,352,943
 
18. Further information in respect of derivative interests:
Derivatives codeNumber of shares
  
 
19. Further information in relation to interests of children under 18 and/or spouse:
Child/SpouseName of child/spouseNumber of shares
 
 
20. Further information in relation to interests of corporations controlled by substantial shareholder:
Name of controlled corporationAddress and place of incorporationName of controlling shareholder% controlDirect interest (Y/N)Number of shares
Centurium Holdings (BVI) Ltd.Kingston Chambers, PO Box 173, Road Town, Tortola, British Virgin IslandsLi Hui100.00N
Long position61,352,943
Centurium Holdings Ltd.PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman IslandsCenturium Holdings (BVI) Ltd.100.00N
Long position61,352,943
Centurium Capital Management LtdPO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman IslandsCenturium Holdings Ltd.100.00N
Long position49,626,458
Centurium Capital Management (HK) LtdSuite 1313, Two Pacific Place, 88 Queensway, Hong KongCenturium Capital Management Ltd100.00N
Long position49,626,458
Beijing Centurium Management Advisory Co., Ltd.22/F, Building A, Central Park Plaza, Changyao Park South Road, Chaoyang District, Beijing 100026, ChinaCenturium Capital Management (HK) Ltd100.00N
Long position49,626,458
Khorgos Centurium Business Service Co., Ltd.Room 2305, 23rd Floor, Orient Apartment, Plot B4, Khorgos China-Kazakhstan International Border Cooperation Center, Ili Prefecture, Xinjiang Uygur Autonomous Region, PRCBeijing Centurium Management Advisory Co., Ltd.100.00N
Long position49,626,458
Xiamen Centurium Private Equity Fund Management Co., Ltd.Unit 2-A687, 22nd Floor, Lianqian Group Building, No. 323 Qianpu Middle Road, Siming District, Xiamen City, Fujian Province, PRCKhorgos Centurium Business Service Co., Ltd.100.00N
Long position49,626,458
Xiamen Centurium Equity Investment Fund Center (Limited Partnership)Unit 2-A901, 22nd Floor, Lianqian Group Building, No. 323 Qianpu Middle Road, Siming District, Xiamen City, Fujian Province, PRCXiamen Centurium Private Equity Fund Management Co., Ltd.9.90N
Long position43,672,696
Fujian Centurium Phase I Investment Partnership (Limited Partnership)Room 101, Building 8, No. 31 North Wenxin Street, Wenwusha Sub-district, Changle District, Fuzhou City, Fujian Province, PRCXiamen Centurium Equity Investment Fund Center (Limited Partnership)0.06N
Long position25,403,313
Fujian Centurium Phase I Investment Partnership (Limited Partnership)Room 101, Building 8, No. 31 North Wenxin Street, Wenwusha Sub-district, Changle District, Fuzhou City, Fujian Province, PRCXiamen Centurium Equity Investment Fund Center (Limited Partnership)0.06Y
Long position18,269,383
Nanjing Youxu Equity Investment Partnership (Limited Partnership)Unit 103-36, Building A, Innovation Service Center, No. 001 Huxin Road, Modern Agricultural Industrial Park, Gaochun District, Nanjing City, Jiangsu Province, PRCFujian Centurium Phase I Investment Partnership (Limited Partnership)100.00Y
Long position16,503,313
Nanjing Youxu Equity Investment Partnership (Limited Partnership)Unit 103-36, Building A, Innovation Service Center, No. 001 Huxin Road, Modern Agricultural Industrial Park, Gaochun District, Nanjing City, Jiangsu Province, PRCBeijing Zhenglang Business Service Co., Ltd.0.00Y
Long position16,503,313
Beijing Zhenglang Business Service Co., Ltd.Shop 3, 3rd Floor, Building 1, No. 66 Zhongguancun East Road, Haidian District, Beijing, PRCBeijing Zhengjia Business Service Co., Ltd.100.00N
Long position16,503,313
Beijing Zhengjia Business Service Co., Ltd.Shop 4-023, 2nd Floor, Building 1, No. 66 Zhongguancun East Road, Haidian District, Beijing, PRCBeijing Centurium Management Advisory Co., Ltd.100.00N
Long position22,457,075
Shanghai Qiongyu Business Consulting Partnership (Limited Partnership)Room A1-6221, No. 58 Fuminzhi Road, Hengsha Town, Chongming District, Shanghai, (Shangang Hengtai Economic Development Zone), PRCFujian Centurium Phase I Investment Partnership (Limited Partnership)71.45Y
Long position8,900,000
Xiamen Zhengmei Enterprise Management PartnershipUnit 2-A630, 22nd Floor, Lianqian Group Building, No. 323 Qianpu Middle Road, Siming District, Xiamen City, Fujian Province, PRCBeijing Zhengguan Business Service Co., Ltd.0.00Y
Long position5,953,762
Beijing Zhengguan Business Service Co., Ltd.Shop 2, 3rd Floor, Building 1, No. 66 Zhongguancun East Road, Haidian District, Beijing, PRCBeijing Zhengjia Business Service Co., Ltd.100.00N
Long position5,953,762
Xiamen Zhengmei Enterprise Management PartnershipUnit 2-A630, 22nd Floor, Lianqian Group Building, No. 323 Qianpu Middle Road, Siming District, Xiamen City, Fujian Province, PRCXiamen Centurium Phase II Investment Fund Partnership (Limited Partnership)100.00Y
Long position5,953,762
Xiamen Centurium Phase II Investment Fund Partnership (Limited Partnership)Unit 2-A588, 22nd Floor, Lianqian Group Building, No. 323 Qianpu Middle Road, Siming District, Xiamen City, Fujian Province, PRCXiamen Centurium Enterprise Management Partnership0.05N
Long position5,953,762
Xiamen Centurium Enterprise Management PartnershipUnit 2-A586, 22nd Floor, Lianqian Group Building, No. 323 Qianpu Middle Road, Siming District, Xiamen City, Fujian Province, PRCXiamen Centurium Private Equity Fund Management Co., Ltd.0.08N
Long position5,953,762
Xiamen Centurium Phase II Investment Fund Partnership (Limited Partnership)Unit 2-A588, 22nd Floor, Lianqian Group Building, No. 323 Qianpu Middle Road, Siming District, Xiamen City, Fujian Province, PRCNanjing Jiangbei New Area Centurium Phase II Venture Capital Partnership (Limited Partnership)63.88N
Long position5,953,762
Nanjing Jiangbei New Area Centurium Phase II Venture Capital Partnership (Limited Partnership)Room 2745, Incubation Eagle Building, No. 99 Tuanjie Road, R&D Park, Jiangbei New Area, Nanjing City, Jiangsu Province, PRCNanjing Zhengguan Equity Investment Partnership (Limited Partnership)0.08N
Long position5,953,762
Nanjing Zhengguan Equity Investment Partnership (Limited Partnership)Room 2687, Incubation Eagle Building, No. 99 Tuanjie Road, R&D Park, Nanjing Area, China (Jiangsu) Pilot Free Trade Zone, Jiangsu Province, PRCXiamen Centurium Private Equity Fund Management Co., Ltd.0.10N
Long position5,953,762
Nanjing Zhengguan Equity Investment Partnership (Limited Partnership)Room 2687, Incubation Eagle Building, No. 99 Tuanjie Road, R&D Park, Nanjing Area, China (Jiangsu) Pilot Free Trade Zone, Jiangsu Province, PRCXiamen Centurium Enterprise Management Partnership (Limited Partnership)99.90N
Long position5,953,762
Masterwork Holdings LimitedPO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman IslandsCenturium Capital Partners II, L.P.100.00Y
Long position11,726,485
Centurium Capital Partners II, L.P.PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman IslandsCenturium Capital Partner II GP Ltd.0.00N
Long position11,726,485
Centurium Capital Partner II GP Ltd.PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman IslandsCenturium Holdings Ltd.100.00N
Long position11,726,485
 
21. Further information in relation to interests held by substantial shareholder jointly with another person:
Name of joint shareholderAddressNumber of shares
 
 
22. Further information from a trustee, a beneficiary of a trust, or a person who has set up a discretionary trust:
Names of trustAddressStatus codeNumber of shares
  
 
23. Further information from a party to an agreement under Section 317 (Please see Notes for further information required):
Names of other partiesAddressNumber of shares
 
Total number of shares in which a substantial shareholder is interested under sections 317 and 318
 
24. Supplementary information: Percentage level of interest decreased as a result of the allotment and issuance of 14,857,000 new H Shares by the listed corporation pursuant to its general mandate. No shares were disposed of by the substantial shareholder.
25. Log/Serial Number of the previous form:
26. Number of concert party document(s) under section 317 attached/uploaded:
Date of filing this Form 1: 16/07/2026
(dd/mm/yyyy)