Futong Technology Development Holdings Limited — M&A Activity 2026

Jun 5, 2026

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.

Futong 富通

Futong Technology Development Holdings Limited

富通科技發展控股有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock code: 465)

MONTHLY UPDATE ANNOUNCEMENT

PURSUANT TO RULE 3.7 OF THE TAKEOVERS CODE

This announcement is made by Futong Technology Development Holdings Limited (the "Company") pursuant to Rule 3.7 of The Hong Kong Code on Takeovers and Mergers (the "Takeovers Code").

Reference is made to the announcement of the Company dated 6 May 2026 relating to the Possible Transaction (the "Announcement"). Unless otherwise defined, capitalized terms used herein shall have the same meanings as those defined in the Announcement.

UPDATE ON THE POSSIBLE TRANSACTION

The Board wishes to update the shareholders and potential investors of the Company that, discussions in relation to the Possible Transaction are still ongoing and no formal or legally binding agreement in relation to the Possible Transaction has been entered into between the parties as at the date of this announcement. As the original exclusivity period has expired, on 23 May 2026, Mr. Chen and the Potential Purchaser have agreed to extend the exclusivity period to 18 June 2026.

As no definitive agreement has been entered into with the Potential Purchaser as at the date of this announcement, shareholders and investors of the Company should note that the Possible Transaction may or may not proceed.

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MONTHLY UPDATE

In compliance with Rule 3.7 of the Takeovers Code, monthly announcement(s) setting out the progress of the Possible Transaction will be made by the Company until an announcement of a firm intention to make an offer under Rule 3.5 of the Takeovers Code or of a decision not to proceed with an offer is made. Further announcement (s) will be made by the Company as and when appropriate or required in accordance with the Listing Rules and/or the Takeovers Code (as the case may be).

Warning:

There is no assurance that any transaction mentioned in this announcement will materialize or eventually be consummated and the discussions may or may not lead to a general offer. Shareholders of the Company and public investors are urged to exercise extreme caution when dealing in the Shares and/or other securities of the Company and if they are in any doubt about their position, they should consult their professional advisers.

By order of the board of directors of
Futong Technology Development Holdings Limited
Leung Ka Lung
Company Secretary

Hong Kong, 5 June 2026

As at the date of this announcement, the executive Directors are Mr. CHEN Jian and Ms. CHEN Xiaoxuan; and the independent non-executive Directors are Mr. CHOW Siu Lui, Mr. LO Kwok Kwei David and Mr. YAO Yun.

The directors of the Company jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm, having made all reasonable enquires, 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 statements in this announcement misleading.

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