Dragon King (8493) Announces Resumption Guidance and Operational Developments

Bulletin Express01-19

Dragon King (8493) issued an announcement detailing resumption guidance provided by the Stock Exchange, alongside a quarterly update on business progress. According to the announcement, the Stock Exchange has set out conditions for the company to comply with GEM Rule 17.26, re-comply with GEM Rules 5.05(1) and 5.28, and disclose all material information for shareholders and investors. If these requirements are not met within 12 months from 20 October 2025, delisting procedures could be initiated.

Dragon King (8493) confirmed the business update regarding its Chinese restaurant operations. Following suspension of its only operating Chinese restaurant due to an outstanding judgment debt, the group has introduced a new venue under the brand “旺角(龍皇)海鮮菜館 (Mong Kok (Dragon King) Seafood Restaurant).” This restaurant commenced trial operations in January 2026, with a grand opening scheduled for 22 January 2026. The company plans to expand further by identifying additional locations for new Chinese restaurants in the coming year.

In terms of corporate governance, Dragon King (8493) appointed an additional independent non-executive director on 16 January 2026, ensuring compliance with GEM Rule 5.05(1) on board composition and GEM Rule 5.28 on audit committee requirements. Management is continuing efforts to address all resumption conditions and will provide further updates as necessary in accordance with the GEM Listing Rules.

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