MODERN INNO DT (02322) Executive Director Liu Haijie's 46.544 Million Shares Subject to Forced Sale, Trading to Resume September 1

Stock News09-01

MODERN INNO DT (02322) announced that on August 29, 2025, the company's share price declined while trading volume increased. Following inquiries with the directors, the company learned that due to the significant drop in share trading price on the Hong Kong Stock Exchange on August 29, 2025, 46.544 million ordinary shares held by Executive Director Mr. Liu Haijie were sold by Mr. Liu Haijie's securities brokerage company.

Apart from the aforementioned disclosure, the directors are not aware of any reasons for the unusual price decline accompanied by increased trading volume. After making reasonable inquiries regarding the company under the relevant circumstances, the board of directors confirms that, except for the above disclosure, it is not aware of any reasons for the share price and trading volume changes, or any information that must be disclosed to avoid a false market in the company's securities, or any inside information that should be disclosed under Part XIVA of the Securities and Futures Ordinance.

The board of directors also confirms that the group maintains normal business operations, and there have been no significant changes in the group's business operations and financial condition.

Furthermore, the company has applied to the Hong Kong Stock Exchange for the resumption of trading of its shares on the Hong Kong Stock Exchange starting from 9:00 AM on Monday, September 1, 2025.

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