Metaspacex Limited — M&A Activity 2026

May 20, 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.

Metaspacex Limited

中國數智科技集團有限公司
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 1796)

APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER

Independent Financial Adviser to the Independent Board Committee

MESSIS 大有融資

Reference is made to the announcement (the "Announcement") issued by Mr. Chan Yuen Tung (the "Offeror") dated 5 May 2026 in relation to, among other things, the Partial Offer. Unless the context requires otherwise, capitalised terms used herein shall have the same meanings as those defined in the Announcement.

The board (the "Board") of directors (the "Directors") of Metaspacex Limited (the "Company") wishes to announce that Messis Capital Limited, a corporation licensed to carry out Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities under the SFO, has been appointed as the independent financial adviser to advise the independent board committee of the Company (the "Independent Board Committee") in respect of the Partial Offer and, in particular, as to whether the Partial Offer is, or is not, fair and reasonable and as to the acceptance of the Partial Offer, and such appointment has been approved by the Independent Board Committee pursuant to Rule 2.1 of the Takeovers Code. The letter of advice from Messis Capital Limited and the recommendation to the Independent Board Committee in respect of the Partial Offer will be included in the offeree document to be dispatched by the Company to the Shareholders in accordance with the requirements of the Takeovers Code.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the Shares. If Shareholders and potential investors are in any doubt about their position, they should consult a licensed securities dealer or registered institution in securities, a bank manager, solicitor, professional accountant, or other professional advisers.

By order of the Board
Metaspacex Limited
Kang Ruipeng
Chief Executive Officer and Executive Director

Hong Kong, 20 May 2026

As at the date of this announcement, the Board comprises Mr. Kang Ruipeng and Mr. Deng Houhua and Mr. Zhang Mingmin as executive Directors; and Mr. Cheng Pak Lam, Ms. Ya Li and Ms. Chen Yan as independent non-executive Directors.