Hung Hing Printing Group Limited — M&A Activity 2023

Apr 19, 2023

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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NATIONAL UNITED RESOURCES HOLDINGS LIMITED

國 家 聯 合 資 源 控 股 有 限 公 司

(Incorporated in Hong Kong with limited liability) (Stock Code: 254)

VOLUNTARY ANNOUNCEMENT -

SUPPLEMENTAL AGREEMENT TO MEMORANDUM OF UNDERSTANDING

This announcement is made by the board (the “ Board ”) of directors (the “ Directors ”) of National United Resources Holdings Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) on a voluntary basis.

Reference is made to the announcement of the Company dated 19 January 2023 (“ Announcement ”) in relation to the entering into of a non-legally binding memorandum of understanding (“ MOU ”) among Million Best International Enterprise Limited (“ Million Best ”), an indirect wholly-owned subsidiary of the Company, Mr. Xie Minxiong (“ Mr. Xie ”) and Mr. Wang Zhaoqi (“ Mr. Wang ”) in respect of the Potential Acquisition. Unless otherwise stated, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement.

SUPPLEMENTAL AGREEMENT

The Board announces that on 19 April 2023, Million Best, Mr. Xie and Mr. Wang entered into a supplemental agreement to the MOU, pursuant to which the parties agreed to amend certain terms of the MOU to extend the exclusivity period from 90 days to 180 days after the date of the MOU (“ Exclusivity Period ”). During the Exclusivity Period, Million Best will complete its due diligence review on the Target Company, and the Vendors will not enter into any memorandum of understanding, letter of intent, agreement or understanding or arrangement with any other party and will not sell, transfer, assign or otherwise dispose of any equity interest in the Target Company.

Save as aforesaid, all other terms and conditions of the MOU shall remain unchanged.

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As the Possible Acquisition may or may not proceed, shareholders of the Company and potential investors are reminded to exercise caution when dealing in the shares of the Company.

By Order of the Board National United Resources Holdings Limited Ji Kaiping Chairman

Hong Kong, 19 April 2023

As at the date of this announcement, the executive Directors are Mr. Ji Kaiping (Chairman), Mr. Guo Peiyuan, Ms. Mao Na, Ms. Ma Wenjing and Mr. Qiu Keshan, the non-executive Director is Mr. An Jingwen, and the independent non-executive Directors are Mr. Li Wen, Mr. Qiu Ke and Ms. Chen Yen Yung.

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