ZG Group — Board/Management Information 2026

Mar 30, 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.

ZG Group

找钢网集团

(formerly known as ZG Group 找钢产业互联集团)

(A company controlled through weighted voting rights,

incorporated in the Cayman Islands with limited liability and carrying on business in Hong Kong as ZGW)

(Stock Code: 6676)

(Warrant Code: 2572)

CHANGE OF JOINT COMPANY SECRETARY, AUTHORISED REPRESENTATIVE AND PROCESS AGENT AND WAIVER FROM STRICT COMPLIANCE WITH RULES 3.28 AND 8.17 OF THE LISTING RULES

CHANGE OF JOINT COMPANY SECRETARY, AUTHORISED REPRESENTATIVE AND PROCESS AGENT

The board (the "Board") of directors (the "Directors") of ZG Group (the "Company", together with its subsidiaries, collectively the "Group") hereby announces that Ms. Lai Siu Kuen ("Ms. Lai") has tendered her resignation as (i) a joint company secretary (the "Joint Company Secretary"); (ii) an authorised representative (the "Authorised Representative") as required under Rule 3.05 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange"); and (iii) the person authorised to accept service of process and notices on behalf of the Company in Hong Kong under Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the "Process Agent") due to work rearrangement, with effect from March 27, 2026.

Ms. Lai has confirmed that she has no disagreement with the Board and there are no matters that need to be brought to the attention of the Stock Exchange and/or the shareholders of the Company in relation to her resignation.

The Board further announces that, following the resignation of Ms. Lai, Ms. Chan Yan Lam ("Ms. Chan") has been appointed as the Joint Company Secretary, the Authorised Representative and the Process Agent of the Company with effect from March 27, 2026.

After the aforesaid changes, Mr. Meng Long ("Mr. Meng") will continue to serve as the other Joint Company Secretary together with Ms. Chan.

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The biographical details of Mr. Meng and Ms. Chan are set out as follows:

Mr. Meng Long, has served as the secretary of our Board since November 2020. Mr. Meng Long joined the Company in November 2020 in these roles and is primarily responsible for the management of capital operation and investor relationships of the Company. He has also served as the secretary of the board and assistant to the chief executive officer of Shanghai Steel Information Technology Co., Ltd. (“Zhaogang Netcom”) since November 2020. Prior to joining the Company, Mr. Meng Long was the deputy director of the capital operation department and securities representative at Sundiro Holding Co., Ltd. (新大洲控股股份有限公司), a company listed on the Shenzhen Stock Exchange (stock code: 000571), from January 2014 to October 2016, where he managed capital operation, information disclosure, and investor relations. From November 2016 to January 2020, he served as the secretary to the board of directors and financial director of Shanghai Taidu Intelligent Technology Co., Ltd. (上海鈦度智能科技有限公司), overseeing investment, financing, capital operation, and finance management. From March 2020 to November 2020, he was the financial director of Shanghai Etong Technology Co., Ltd. (上海易同科技股份有限公司), a company delisted on the National Equities Exchange and Quotations in the PRC on February 28, 2023 (stock code: 430258), where he handled investment, financing, and financial management. Mr. Meng Long received his bachelor’s degree in finance from Hunan University (湖南大學) in the PRC in July 2012 and a master’s degree in finance from Shanghai University of Finance and Economics (上海财經大學) in the PRC in June 2014. He holds a qualification certificate for board secretary from the Shenzhen Stock Exchange (obtained in October 2014), a Certified Public Accountant (CPA) certificate from the CPA Examination Committee of the Ministry of Finance (obtained March 2020), and a Chartered Financial Analyst (CFA) certificate from the CFA Institute (obtained September 2019).

Ms. Chan Yan Lam (陳恩霖) is currently an assistant manager of Company Secretarial Services of Tricor Services Limited. Ms. Chan has over 6 years of experience in the corporate secretarial field and has been providing professional corporate services to Hong Kong listed companies as well as multinational, private and offshore companies. Ms. Chan is a Chartered Secretary, a Chartered Governance Professional and an associate of both The Hong Kong Chartered Governance Institute (HKCGI) and The Chartered Governance Institute (CGI) in the United Kingdom.

The Board wishes to take this opportunity to welcome to Ms. Chan on her appointment.

WAIVER FROM STRICT COMPLIANCE WITH RULES 3.28 AND 8.17 OF THE LISTING RULES

Reference is made to the waiver (the “Waiver”) granted to the Company by the Stock Exchange from strict compliance with the requirements of Rules 3.28 and 8.17 of the Listing Rules in respect of the eligibility of Mr. Meng to act as the Joint Company Secretary for a waiver period up to March 9, 2028 (the “Waiver Period”), subject to the conditions that (i) Mr. Meng will be assisted by Ms. Lai during the Waiver Period; and (ii) the Waiver could be revoked if there are material breaches of the Listing Rules by the Company.

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In view of Ms. Lai's resignation and since Mr. Meng does not possess the qualifications of company secretary as required under Rule 3.28 of the Listing Rules, the Company has applied for, and the Stock Exchange has granted, a new waiver from strict compliance with Rules 3.28 and 8.17 of the Listing Rules (the "New Waiver") for a period from the date of said appointment of Ms. Chan to March 9, 2028 (the "Remaining Waiver Period") on the conditions that Mr. Meng will be assisted by Ms. Chan during the Remaining Waiver Period and the New Waiver will be revoked if there are material breaches of the Listing Rules by the Company. Ms. Chan, as a Joint Company Secretary who meets the requirements under Rule 3.28 of the Listing Rules, will work closely with, and provide assistance to, Mr. Meng in discharging his duties as a Joint Company Secretary and in gaining the relevant experience as required under Rule 3.28 of the Listing Rules.

The Company shall notify the Stock Exchange before the end of the Remaining Waiver Period for the Stock Exchange to re-visit the situation. The Stock Exchange expects that before the end of the Remaining Waiver Period, the Company must demonstrate and seek the Stock Exchange's confirmation that Mr. Meng, having had the benefit of Ms. Chan's assistance during the Remaining Waiver Period, has attained the relevant experience and is capable of discharging the functions of company secretary under Rule 3.28 of the Listing Rules such that a further waiver will not be necessary and the Company will disclose details of the New Waiver, including the reasons for, details and the conditions of the New Waiver, by way of announcement.

By order of the Board
ZG GROUP
Wang Dong
Chairman of the board of directors

Hong Kong, March 27, 2026

As at the date of this announcement, the Board comprises: (i) Mr. Wang Dong, Mr. Wang Changhui, Ms. Gong Yingxin and Ms. Zhou Min as executive directors, (ii) Mr. Ye Qian and Mr. Sun Qingdong as non-executive directors and (iii) Mr. Wang Xiang, Mr. Chen Yin and Mr. Wang Weisong as independent non-executive directors.

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