According to the announcement released by Guoen Holdings (08121), the copies of the orders for capital reduction and spin-off as well as the meeting records related to the capital reduction as stipulated in the Company Law approved by the court have been submitted to and officially registered with the Registrar of Companies of the Cayman Islands on July 8, 2024 (Cayman Islands time), and all other conditions for implementing the capital reduction and spin-off as mentioned in the communication have been met. The capital reduction and spin-off have come into effect on Tuesday, July 9, 2024, at 9:00 am (Hong Kong time). New ordinary shares have been traded since 9:00 am (Hong Kong time) on July 9, 2024 (Tuesday).

Shareholders can return their existing stocks (green) of merged shares to the transfer registration office, Zhuojia Securities Registration Co., Ltd. (located at 17/F, Far East Financial Centre, 16 Harcourt Road, Hong Kong), to exchange for new common stock (purple) during 9:00 am to 4:00 pm on any business day from Tuesday, July 9, 2024 to Monday, August 19, 2024 (including the first and last day). The company will bear the cost. All existing stocks of merged shares will continue to be valid certificates of ownership of new ordinary shares. They will be valid for delivery, trading, and settlement purposes until 4:10 pm on August 19, 2024 (Monday), and will no longer be accepted for delivery, trading, and settlement purposes after that.