Alpha Professional Holdings Limited — M&A Activity 2021

Oct 11, 2021

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.

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Alpha Professional Holdings Limited

阿爾法企業控股有限公司[*]

( Incorporated in Bermuda with limited liability)

(Stock Code: 948)

APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER

Reference is made to the joint announcement (the ‘‘ Joint Announcement ’’) issued by Alpha Professional Holdings Limited (the ‘‘ Company ’’) and Well Dynasty Investments Limited on 4 October 2021 in relation to, among other things, the Sale and Purchase Agreement and the Offer. Unless otherwise stated, terms used in this announcement shall have the same meanings as those ascribed to in the Joint Announcement.

The Board hereby announces that Pelican Financial Limited, a licensed corporation to carry out Type 6 (advising on corporate finance) regulated activities under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong), has been appointed as the independent financial adviser of the Company to advise the Independent Board Committee in respect of the Offer and, in particular, as to whether the Offer is fair and reasonable and as to the acceptance of the Offer. The appointment of Pelican Financial Limited as the independent financial adviser has been approved by the Independent Board Committee pursuant to Rule 2.1 of the Takeovers Code.

The letter of advice from Pelican Financial Limited and the recommendation to the Independent Board Committee in respect of the Offer will be included in the Composite Document to be despatched jointly by the Company and the Offeror to the Shareholders.

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On behalf of the Board of Alpha Professional Holdings Limited XIONG Jianrui

Chairman

Hong Kong, 11 October 2021

As at the date of this announcement, the executive Directors are Mr. Xiong Jianrui, Mr. Yi Peijian and Mr. Chen Zeyu and the independent non-executive Directors are Mr. Li Chak Hung, Mr. Choi Kin Man and Mr. Ngai Wah Sang.

The Directors jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm, having made all reasonable inquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement in this announcement misleading.

* For identification purpose only

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