Standard Development Group Limited — Capital/Financing Update 2021

Aug 11, 2021

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.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company.

LKS HOLDING GROUP LIMITED 樂嘉思控股集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1867)

PROPOSED RIGHTS ISSUE ON THE BASIS OF

ONE (1) RIGHTS SHARE FOR EVERY FIVE (5) EXISTING SHARES HELD ON THE RECORD DATE

COMMENCEMENT OF DEALINGS IN THE SHARES ON AN EX-RIGHTS BASIS

Reference is made to the announcement dated 6 August 2021 issued by the Company in respect of, among other things, the Rights Issue (the “ Announcement ”). Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the Announcement.

COMMENCEMENT OF DEALINGS IN THE SHARES ON AN EX-RIGHTS BASIS

Pursuant to the expected timetable for the Rights Issue as set out in the Announcement, the last day of dealings in the Shares on a cum-rights basis was Wednesday, 11 August 2021 and the Shares will be dealt in on an ex-rights basis from Thursday, 12 August 2021.

DESPATCH OF THE PROSPECTUS DOCUMENTS

The Company will proceed with the Rights Issue in accordance with the expected timetable as set out in the Announcement. The Prospectus Documents are expected to be despatched to the Qualifying Shareholders and the Prospectus is expected to be despatched to the Non-Qualifying Shareholders (if any) for their information only, on Monday, 23 August 2021.

Qualifying Shareholders are reminded that the latest time for acceptance of and payment for the Rights Shares and application and payment for excess Rights Shares is 4:00 p.m. on Monday, 6 September 2021.

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WARNING OF THE RISKS OF DEALING IN THE SHARES

Shareholders and potential investors of the Company should note that the Rights Issue is conditional upon the Underwriting Agreement having become unconditional and the Underwriter not having terminated the Underwriting Agreement in accordance with its terms. It should also be noted that the Underwriting Agreement contains provisions granting the Underwriter the right to terminate its obligations on the occurrence of certain events including force majeure. Please refer to the paragraph headed “Underwriting Arrangement-Termination of the Underwriting Agreement” in the Announcement for further details. Accordingly, the Rights Issue may or may not proceed.

The Shares will be dealt in on an ex-rights basis from Thursday, 12 August 2021. Dealings in the Rights Shares in nil-paid form are expected to take place from Wednesday, 25 August 2021 to Wednesday, 1 September 2021 (both dates inclusive).

Any dealings in the Shares up to the date on all the conditions of the Rights Issue are fulfilled, and any Shareholders dealing in the Rights Shares in nil-paid form will accordingly bear the risk that the Rights Issue may not become unconditional or may not proceed. Any Shareholders or other persons contemplating any dealings in the Shares or Rights Shares in their nil-paid form are recommended to consult their professional advisers.

By order of the Board LKS Holding Group Limited Liu Zhancheng Chairman and executive Director

Hong Kong, 11 August 2021

As at the date of this announcement, the Board comprises Mr. Liu Zhancheng, Ms. Qin Mingyue and Mr. Ye Zuobin as executive Directors; and Dr. Su Lixin, Mr. Liang Rongjin and Dr. Yan Bing as independent non-executive Directors.

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