Synagistics Limited — Share Issue/Capital Change 2021

Sep 15, 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.

==> picture [63 x 86] intentionally omitted <==

WEALTHKING INVESTMENTS LIMITED 華 科 資 本 有 限 公 司

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 1140)

PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL

The board of directors (the ‘‘Board’’) of Wealthking Investments Limited (the ‘‘Company’’) proposes to increase the authorised share capital of the Company.

The existing authorised share capital of the Company is HK$400,000,000 divided into 4,000,000,000 ordinary shares of nominal value HK$0.10 each (the ‘‘Shares’’), of which 3,481,128,000 Shares are in issue. As at the date of this announcement, Share options granted under the Share option scheme of the Company carrying rights to subscribe for an aggregate 62,700,000 Shares remain outstanding.

In order to provide the Company with greater flexibility in fund raising whereby promoting future business growth, the Board proposes to increase the authorised Share capital of the Company to HK$2,000,000,000 divided into 20,000,000,000 Shares by the creation of an additional 16,000,000,000 Shares. Such new Shares, upon issue, shall rank pari passu in all respects with the existing Shares.

The increase in the authorised share capital is subject to the approval of the shareholders of the Company (the ‘‘Shareholders’’) by way of passing an ordinary resolution at the extraordinary general meeting of the Company (the ‘‘EGM’’).

An EGM will be convened and held for the purpose of considering and, if thought fit, approving, the increase of authorised share capital. A circular containing, among other things, details of the proposed increase in the authorised share capital and the notice of EGM will be despatched to the Shareholders as soon as practicable.

– 1 –

The Board is of the opinion that the increase in the authorised share capital is in the interests of the Company and the Shareholders as a whole.

By order of the Board Wealthking Investments Limited Liu Zhiwei Executive Director and Chairman

Hong Kong SAR, 15 September 2021

As at the date of this announcement, the Board comprises one executive Director, namely, Dr. Liu Zhiwei; and four independent non-executive Directors, namely, Professor He Jia, Mr. Wang Xiaojun, Mr. Chen Yuming and Dr. Fu Weigang.

– 2 –