Fire Rock Holdings Limited — M&A Activity 2021

Feb 4, 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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(Stock Code: 1909)

COMPLETION OF VERY SUBSTANTIAL ACQUISITION AND CONTINUING CONNECTED TRANSACTION

References are made to the circular of Fire Rock Holdings Limited (the ‘‘Company’’) dated 13 January 2021 (the ‘‘Circular’’) and the announcements of the Company dated 18 November 2020, 8 December 2020, 23 December 2020 and 8 January 2021 regarding the Acquisition, as well as the announcement of the Company dated 2 February 2021 regarding the poll results of the extraordinary general meeting held on 2 February 2021. Unless otherwise specified, capitalised terms used herein shall have the same meanings as those defined in the Circular.

The Board is pleased to announce that all the conditions precedent set out in the Sale and Purchase Agreement have been fulfilled and the Completion took place on 4 February 2021. Upon Completion, the Target Company becomes a wholly-owned subsidiary of the Company. Accordingly, the financial results of the Target Group will be consolidated into the consolidated financial statements of the Group.

By order of the Board of Fire Rock Holdings Limited Huang Yong Executive Director and CEO

Hong Kong, 4 February 2021

As at the date of this announcement, the executive Directors are Mr. Huang Yong, Mr. Zhou Kun and Mr. Su Yi; the non-executive directors are Mr. Zhang Yan and Ms. Yang Kan and the independent non-executive Directors are Mr. Chan King Fai, Mr. Chen Di and Mr. Yang Zhen.