DIT Group Limited — Capital/Financing Update 2021

Nov 19, 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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DIT GROUP LIMITED

築 友 智 造 科 技 集 團 有 限 公 司

(Incorporated in Bermuda with limited liability)

(Stock Code: 726)

COMPLETION OF ISSUE OF NEW SHARES UNDER GENERAL MANDATE

Reference is made to the announcement of DIT Group Limited (the ‘‘Company’’, together with its subsidiaries, the ‘‘Group’’) dated 20 August 2021 (the ‘‘Announcement’’) in relation to the issue of new shares under General Mandate. Unless otherwise defined, capitalized terms used in this announcement shall have the same meanings as those defined in the Announcement.

COMPLETION OF THE SUBSCRIPTION

The Board is pleased to announce that all the conditions set out in the Subscription Agreement have been fulfilled and completion of the Subscription took place on 19 November 2021 pursuant to the terms of the Subscription Agreement, and a total of 300,000,000 Subscription Shares have been issued and allotted to the Subscriber at the Subscription Price in accordance with the terms and conditions of the Subscription Agreement.

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EFFECTS ON SHAREHOLDING STRUCTURE

The shareholding structure of the Company immediately before and after Completion of the Subscription are summarised as follows:

Mr. Wu Po Sum (Note 1) Mr. Liu Weixing (Note 2) Mr. Guo Weiqiang (Note 2) Public — The Subscriber — Other public Shareholders Total	Immediately before Completion Number of Shares % 2,025,177,425 72.27 4,840,000 0.17 2,930,000 0.10 — — 769,453,305 27.46 2,802,400,730 100.00	Immediately after Completion Number of Shares % 2,025,177,425 65.28 4,840,000 0.16 2,930,000 0.09 300,000,000 9.67 769,453,305 24.80 3,102,400,730 100.00	Immediately after Completion Number of Shares % 2,025,177,425 65.28 4,840,000 0.16 2,930,000 0.09 300,000,000 9.67 769,453,305 24.80 3,102,400,730 100.00
			100.00

Note:

1. Mr. Wu Po Sum is interested in the 2,025,177,425 Shares through (i) Joy Bright Investments Limited, which is directly wholly owned by Mr. Wu Po Sum and which directly holds 245,567,425 Shares, and (ii) Jiaoyao Global Investments Limited, which directly holds 1,470,110,000 Shares and is indirectly interested in 309,500,000 Shares through its indirect wholly-owned subsidiaries. Jiaoyao Global Investment Limited is indirectly wholly-owned by Mr. Wu Po Sum.

2. Each of Mr. Liu Weixing and Mr. Guo Weiqiang is an executive Director.

3. The percentages are subject to rounding difference, if any.

USE OF PROCEEDS

The net proceeds from the Subscription (after deducting the expenses incurred in the Subscription) amounted to approximately HK$287,500,000. The Company intends to apply the net proceeds from the Subscription: (i) as to HK$90,000,000 for digitalization and software development in relation to the construction industry, and (ii) the remaining amount for working capital and other general corporate purposes.

By order of the Board DIT Group Limited Liu Weixing Chairman and Executive Director

Hong Kong, 19 November 2021

As of the date of this announcement, the Board comprises Mr. Liu Weixing (Chairman), Mr. Guo Weiqiang and Ms. Wang Jing as executive Directors; Ms. Wu Wallis (alias Li Hua) and Mr. Wang Jun as non-executive Directors; Mr. Jiang Hongqing, Mr. Lee Chi Ming, and Mr. Ma Lishan as independent non-executive Directors.

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