Mao Ji Kwai Chung Limited (the 'Company') announced on July 11, 2024, that it has completed an acquisition transaction, during which its indirect wholly-owned subsidiary acquired 31% of the issued share capital of the target company To Be Honest Limited, for a transaction price of 2,908,152 Hong Kong dollars. Prior to this acquisition, the target company was held by Seller A, Seller B, and Seller C, as well as the buyer, with respective shareholdings of 37.5%, 37.5%, 5%, and 20%. After the transaction, the buyer will hold 51% of the target company's shares, making it an indirect non-wholly owned subsidiary of the Company, and its financial results will be incorporated into the financial statements of the Group. The target company is mainly engaged in advertising and promotion services, and this acquisition will help the Group to expand its market share and increase revenue. According to the listing rules, this transaction is classified as a disclosable transaction.

Mao Ji Kwai Chung Limited (the 'Company') announced on July 11, 2024, that it has completed an acquisition transaction, during which its indirect wholly-owned subsidiary acquired 31% of the issued share capital of the target company To Be Honest Limited, for a transaction price of 2,908,152 Hong Kong dollars. Prior to this acquisition, the target company was held by Seller A, Seller B, and Seller C, as well as the buyer, with respective shareholdings of 37.5%, 37.5%, 5%, and 20%. After the transaction, the buyer will hold 51% of the target company's shares, making it an indirect non-wholly owned subsidiary of the Company, and its financial results will be incorporated into the financial statements of the Group. The target company is mainly engaged in advertising and promotion services, and this acquisition will help the Group to expand its market share and increase revenue. According to the listing rules, this transaction is classified as a disclosable transaction.