Preliminary Non-Public Offering of 2.215 Billion Shares by Entrepreneurial Group Holdings, with a Premium of Approximately 44.93%

Entrepreneurial Group Holdings (02221) announced a preliminary non-public offering, effective July 29, 2025. The company plans to issue and distribute a total of 2.215 billion shares to subscribers (Ms. Shen Dinhong, Ms. Zhao Sumei, Mr. Huang Zhijun, and Ms. Zhang Hongbing), which represents an increase of approximately 12.12% in the company's issued share capital after the distribution. The subscription price per share is HK$0.10, with a premium of approximately 44.93% compared to the closing price on July 29.

Upon completion, the total amount and net proceeds from the offering are expected to be approximately HK$221.5 million and HK$220.2 million, respectively. The net proceeds from the offering will be primarily used for: approximately HK$13.2 million to settle overdue rental fees and other debts with maturity dates within three months of the announcement date; and approximately HK$0.88 million for general operating funds.