Web3 Meta Limited — Share Issue/Capital Change 2025

Mar 10, 2025

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 is for information purpose only and does not constitute an invitation or offer to acquire, purchase or subscribe for the Shares or other securities of the Company.

Web3 Meta Limited

瓦普思瑞元宇宙有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8093)

COMPLETION OF SUBSCRIPTION OF NEW SHARES UNDER GENERAL MANDATE

Reference is made to (i) the announcement of Web3 Meta Limited (the "Company") dated 20 February 2025 (the "Announcement") in relation to the subscription of new shares under general mandate. Capitalised terms used herein shall have the same meanings as those defined in the Announcement unless otherwise specified.

COMPLETION OF THE SUBSCRIPTION AGREEMENTS

The Board is pleased to announce that all the conditions of the Subscription Agreements have been fulfilled and completion of the subscription by Mr. Fang, Yifang (方一方先生) (the "Subscriber A") and Mr. Zhou Zhongyong* (周忠勇先生) (the "Subscriber B") took place on 7 March 2025, whereby 34,360,000 Shares and 103,080,000 shares were allotted and issued to the Subscriber A and Subscriber B respectively by the Company at the Subscription Price of HK$0.07 per Subscription Share. To the best of the Directors' knowledge, information and belief, having made all reasonable enquiries, Subscriber A and Subscriber B are Independent Third Parties.

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EFFECT ON SHAREHOLDING STRUCTURE OF THE COMPANY

The shareholding structure of the Company (i) immediately before completion of the subscription by the Subscriber; (ii) immediately after completion of the subscription by Subscriber is as follows:

	Immediately before completion of subscription		Immediately after completion of subscription
	Number of Shares	Approximately %	Number of Shares	Approximately %
Director
Gan Xiaohua	8,005,000	1.16%	8,005,000	0.97%
Substantial Shareholders
Shanghai Hutong Investments Centre (Limited Partnership)	72,497,169	10.55%	72,497,169	8.79%
Web 3 Group Limited	76,068,092	11.07%	76,068,092	9.22%
Fang, Yifang (方一方)	—	—	34,360,000	4.17%
Zhou Zhongyong (周忠勇)*	—	—	103,080,000	12.50%
Other Public Shareholders	530,629,739	77.22%	530,629,739	64.35%
Total	687,200,000	100%	824,640,000	100%

• For identification purpose only

By Order of the Board

Web3 Meta Limited

Zeng Jin

Chairman and Executive Director

Hong Kong, 10 March 2025

As at the date of this announcement, the Board comprises: Mr. Zeng Jin, Mr. Gan Xiaohua, Ms. Tian Yuan and Ms. Liu Qin as executive Directors; and Mr. Chen Ce, Ms. Zhu Minli and Ms. Zhu Xiaolin as independent non-executive Directors.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the Stock Exchange website at http://www.hkexnews.hk on the "Latest Listed Company Announcements" page for at least 7 days from the day of its publication and on the website of the Company at http://www.web3meta.hk.