Huisheng International Holdings Limited has signed two conditional subscription agreements to issue a total of 11.00 million new shares at HK$0.48 each, matching the 15 September 2026 closing price and implying only a 0.6% discount to the five-day average of HK$0.483. The transaction, executed under the company’s existing general mandate, will expand the issued share capital by 7.36% to 149.43 million shares.

Key terms and impacts • Subscribers: Independent Hong Kong investors Mr. Li Gang and Ms. Mok So Wing, each taking 5.50 million shares (3.68% post-issue stake apiece). • Proceeds: Gross proceeds of HK$5.28 million; net proceeds of approximately HK$5.10 million after expenses, equating to HK$0.464 per share. • Use of funds: Allocated to general working capital, including debt repayment. • Mandate headroom: The issue utilises part of the 27.69 million-share general mandate approved at the 30 June 2026 AGM; no additional shareholder approval is required. • Conditions: Hong Kong Stock Exchange approval for listing, accuracy of representations, absence of material adverse changes, and completion by 31 October 2026 (Long Stop Date).

Post-transaction shareholding • Public shareholders: from 100.00% to 92.64% (138.43 million shares unchanged). • Subscriber A (Li Gang): 3.68% (5.50 million shares). • Subscriber B (Mok So Wing): 3.68% (5.50 million shares).

Strategic rationale Management views the placement as an expedient, market-priced capital raise that strengthens liquidity and broadens the shareholder base. The company, whose businesses span hog breeding and pork production in mainland China as well as pipe system sales and technical consulting, last tapped equity markets in June 2026, securing HK$8.20 million for working capital and Hong Kong frozen-meat trading expansion.

Completion remains subject to customary regulatory and contractual conditions; investors are advised that the transaction may not proceed if these conditions are not satisfied by the Long Stop Date.