Chi Kingstone Mining Holdings Limited ("Chi Kingstone") announced on October 29, 2024, that the failure to deliver the exchange shares to AOF I on time resulted in a default. AOF I requested Chi Kingstone to redeem the outstanding convertible notes and pay the related accrued interest and income losses due to the inability to trade during abnormal stock price fluctuations, totaling over 8,569,589.08 Hong Kong dollars. If Chi Kingstone fails to make the payment by November 1, 2024, AOF I will initiate legal proceedings. Chi Kingstone is assessing the impact of this dispute on the company's financials and operations, and will timely update announcements in accordance with listing rules. Shareholders and potential investors should proceed with caution.

Chi Kingstone Mining Holdings Limited ("Chi Kingstone") announced on October 29, 2024, that the failure to deliver the exchange shares to AOF I on time resulted in a default. AOF I requested Chi Kingstone to redeem the outstanding convertible notes and pay the related accrued interest and income losses due to the inability to trade during abnormal stock price fluctuations, totaling over 8,569,589.08 Hong Kong dollars. If Chi Kingstone fails to make the payment by November 1, 2024, AOF I will initiate legal proceedings. Chi Kingstone is assessing the impact of this dispute on the company's financials and operations, and will timely update announcements in accordance with listing rules. Shareholders and potential investors should proceed with caution.