DTXS SILK ROAD Finalizes Second Tranche of Convertible Bond Placement

Stock News04-02

DTXS SILK ROAD (00620) has announced that all conditions for the placement of a series of convertible bonds with a principal amount of HK$12 million, under the amended and restated placement agreement, have been satisfied. The second tranche of the placement was completed on April 2, 2026. Following the completion of this second and final tranche, no further placements will be conducted under the arrangement. As of the date of this announcement, a total principal amount of HK$23 million in convertible bonds has been allocated to placees pursuant to the amended and restated placement agreement. In the first tranche, Mr. Meng Ruigang subscribed for convertible bonds with a total principal of HK$11 million. Mr. Meng is a Chinese resident with over a decade of experience in the coal mining industry. In the second tranche, Xinjiang Chuangyou Jiateng Trading Co., Ltd. and Mr. Wang Wenming subscribed for convertible bonds with principal amounts of HK$1 million and HK$11 million, respectively.

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