Hunlicar Group Limited — Share Issue/Capital Change 2024

Sep 26, 2024

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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(Incorporated in the Cayman Islands with limited liability) (Stock code: 3638)

(1) SHARE CONSOLIDATION AND CHANGE IN BOARD LOT SIZE; AND (2) ADJUSTMENT IN RELATION TO THE SHARE OPTION SCHEME AND THE SHARE AWARD SCHEME

References are made to the circular of Huabang Technology Holdings Limited (the “ Company ”) dated 30 August 2024 (the “ Circular ”) and the announcement of the Company dated 24 September 2024 in respect of the poll results of the annual general meeting of the Company held on 24 September 2024. Capitalised terms used in this announcement shall have the same meanings as those defined in the Circular unless otherwise specified herein.

SHARE CONSOLIDATION AND CHANGE IN BOARD LOT SIZE

The board (“ Board ”) of directors (the “ Directors ”) of the Company is pleased to announce that all the conditions precedent to the Share Consolidation have been fulfilled and the Share Consolidation becomes effective on Thursday, 26 September 2024, upon which the board lot size of the Consolidated Shares for trading on the Stock Exchange changes from 12,000 Existing Shares to 1,000 Consolidated Shares. Dealings in the Consolidated Shares commence at 9:00 a.m. on Thursday, 26 September 2024. Please refer to the Circular for the details, including the trading arrangement and the exchange of share certificates and matching services for odd lots of the Consolidated Shares arising in connection with the Share Consolidation. Shareholders should note that upon the Share Consolidation becoming effective, the colour of the share certificates of the Company will be changed from green to gold.

ADJUSTMENTS IN RELATION TO THE SHARE OPTION SCHEME AND THE SHARE AWARD SCHEME

The Company has a share option scheme which was adopted by the Company on 28 September 2023 (the “ Share Option Scheme ”). As at the date of this announcement, there is no outstanding share options granted under the Share Option Scheme. As a result of the Share Consolidation, the maximum number of Consolidated Shares which may fall to be issued pursuant to the exercise of any share options under the Share Option Scheme will be adjusted to 5,261,585 Consolidated Shares pursuant to the terms of the Share Option Scheme.

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Save for the above adjustments, all other terms and conditions of the Share Option Scheme remain unchanged.

The Company has a share award scheme which was adopted by the Company on 14 March 2019 (the “ Share Award Scheme ”). As at the date of this announcement, no share awards were granted under the Share Award Scheme. As a result of the Share Consolidation, the number of Consolidated Shares held by the trustee for the Share Award Scheme will be adjusted to 356,200 Consolidated Shares pursuant to the terms of the Share Award Scheme.

Save for the above adjustments, all other terms and conditions of the Share Award Scheme remain unchanged.

By Order of the Board Huabang Technology Holdings Limited Cheung Lit Wan Kenneth Chairman & Executive Director

Hong Kong, 26 September 2024

As at the date of this announcement, the Executive Directors are Mr. Cheung Lit Wan Kenneth, Mr. Qu Hongqing, Mr. Chan Wing Sum and Ms. Luo Ying; and the independent Non- Executive Directors are Mr. Loo Hong Shing, Vincent, Mr. Mao Shuguang and Mr. Leung Wai Kwan.

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