Central China Mgmt: Joy Bright to Divest 603.49 Million Shares for HK$48.28 Million

Bulletin Express06-24

Central China Management Company Limited (“Central China Mgmt”, stock code: 09982) disclosed that its substantial shareholder, Joy Bright Investments Limited—wholly owned by Chairman and non-executive Director Mr. Wu Po Sum—has signed two share purchase agreements dated 22 June 2026 to dispose of a significant portion of its stake.

Key transaction details • Agreement 1 (Wang SP Agreement): Joy Bright will sell 414.07 million shares to Mr. Wang Rui for HK$33.13 million. • Agreement 2 (Liu SP Agreement): Joy Bright will sell 189.42 million shares to Mr. Liu Genyu for HK$15.15 million.

Aggregate impact • Total shares to be disposed: 603.49 million. • Total cash consideration: HK$48.28 million. • Pre-transaction holding: 778.05 million shares. • The Board states that the disposals are not expected to have any material adverse effect on the operations of Central China Mgmt and its subsidiaries.

Regulatory context The disclosure was made under Rule 13.09(2)(a) of the Hong Kong Listing Rules and Part XIVA of the Securities and Futures Ordinance.

The Company advises shareholders and potential investors to exercise caution when dealing in its shares.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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