Huitongda Network Co., Ltd. — Capital/Financing Update 2025

Dec 31, 2025

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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.

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 471)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an extraordinary general meeting (the "EGM") of SILKWAVE INC (the "Company") will be held at Unit B, 8/F., Kingston International Centre, 19 Wang Chiu Road, Kowloon Bay, Kowloon, Hong Kong on Wednesday, 21 January 2026 at 11:00 a.m., to consider and, if thought fit, pass, with or without amendments, the following resolutions as ordinary resolutions:

ORDINARY RESOLUTION

"THAT subject to the satisfaction of the conditions set out in the Letter from the Board under the section headed "Conditions of the Rights Issue" in the circular (the "Circular") of the Company dated 31 December 2025:

• (i) the allotment and issue of up to (a) 359,821,602 rights shares (the "Rights Shares") in the share capital of the Company, assuming no change in the number of Shares in issue on or before the Record Date and full subscription under the Rights Issue (as defined below); or (b) up to 383,161,602 rights shares (the "Rights Shares") in the share capital of the Company, assuming no change in the number of Shares in issue on or before the Record Date other than full conversion of the Convertible Note under the terms and conditions of the instrument of the Convertible Note and full subscription under the Rights Issue (as defined below), pursuant to an offer by way of rights issue (the "Rights Issue") to the shareholders of the Company (the "Shareholders") at the subscription price of HK\$0.455 per Rights Share on the basis of three (3) Rights Shares for every one (1) existing Share held by the Shareholders whose names appeared on the register of members of the Company on 15 January 2026 (the "Record Date") as described in further details in the Circular (a copy of which marked "A" is produced to the meeting and initialled by the chairman of the meeting for the purpose of identification) and on and subject to such terms and conditions as may be determined by the directors (the "Director(s)") of the Company, be and is hereby approved, confirmed and ratified;
• (ii) the Directors be and are hereby authorised to allot and issue the Rights Shares pursuant to or in connection with the Rights Issue notwithstanding that the same may be offered, allotted or issued otherwise than pro rata to the existing Shareholders and, in particular, the Directors may make such exclusions or other arrangements in relation to any Shareholders whose addresses as of the Record Date are outside of Hong Kong (if any) as they deem necessary or expedient having regard to any restrictions or obligations under the laws of,

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or the requirements of any recognised regulatory body or any stock exchange in, any territory outside Hong Kong, and to do all such acts and things as they consider necessary, desirable or expedient to give effect to any or all other transactions contemplated in this resolution; and

(iii) any one Director be and is/are hereby authorised to do all such acts and things and execute all such documents as he/she/they consider necessary, appropriate, desirable or expedient for the purpose of, or in connection with, the implementation of or giving effect to or the completion of any matters relating to the Rights Issue and the transactions contemplated thereunder.

By Order of the Board of SILKWAVE INC Wong Chau Chi Chairman

Hong Kong, 31 December 2025

Registered office: Cricket Square, Hutchins Drive P. O. Box 2681 Grand Cayman KY1-1111 Cayman Islands

Notes:

• 1. A member of the Company entitled to attend and vote at the meeting (or at any adjournment thereof) convened by the notice is entitled to appoint one or more proxies to attend and on a poll vote in his/her stead. A proxy need not be a member of the Company.
• 1. Where there are joint registered holders of any shares, any one of such persons may vote at the above meeting (or at any adjournment thereof), either personally or by proxy, in respect of such shares as if he/she was solely entitled thereto, but if more than one of such joint holders are present at the above meeting personally or by proxy, that one of the said persons so present whose name stands first on the register of members in respect of such shares shall alone be entitled to vote in respect thereof.
• 1. In order to be valid, a form of proxy must be deposited at the Company's share registrar and transfer office together with a power of attorney or other authority, if any, under which it is signed or a notarially certified copy of that power or authority, not less than 48 hours before the time for holding the meeting or adjourned meeting.
• 1. Completion and return of the form of proxy will not preclude any member from attending and voting in person at the EGM or any adjourned meeting thereof should he so wishes.
• 1. The register of members of the Company will be closed from Thursday, 15 January 2026 to Wednesday, 21 January 2026, both days inclusive, during which period no transfer of shares will be registered. In order to be eligible to attend and vote at the EGM, all share transfer documents accompanied by the relevant share certificates must be lodged with the Company's branch share registrar and transfer office, Computershare Hong Kong Investor Services Limited, Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong, for registration not later than 4:30 p.m. on Wednesday, 14 January 2026.

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• 1. In accordance with the Listing Rules, voting on the above resolution will be taken by poll.
• 1. If Typhoon Signal No. 8 or above, or a "black" rainstorm warning or "extreme conditions" after super typhoons is in effect any time at or before 8 a.m. on the date of the EGM, the meeting will be postponed. The Company will post an announcement on the websites of the Company at https://silkwave.com.hk and the Stock Exchange at https://www.hkexnews.hk to notify the Shareholders of the date, time and place of the rescheduled meeting.

As at the Latest Practicable Date, the executive directors are Mr. WONG Chau Chi, Mr. YANG Tenghao and Ms. WOO Lan Ying; and the independent non-executive directors are Mr. CHOW Kin Wing, Mr. LAM Cheung Shing Richard and Mr. TAM Hon Wah.