00460.HK announced that the company's board of directors took note of several media articles published on May 12, 2022, claiming that the group was negotiating with potential investors for privatization and disclosed relevant valuation and privatization pricing information. The Group hereby declares that the above news is not true.

After all reasonable enquiries against the Company, the Board confirms that the above report does not constitute inside information required to be disclosed under part XIVA of the Securities and Futures Ordinance (Cap. 571), nor is the Board aware of any information that must be disclosed to avoid false markets in the Company's securities or any other inside information.

The company reminds investors that the website of the Stock Exchange of Hong Kong Limited (the information disclosure media designated for the company, all important information of the company shall be subject to the formal announcement of the company in the above media. Investors are invited to invest rationally and pay attention to risks.