Dynasty Digital Cancels Second-Tranche Share Subscription After Conditions Unmet

Bulletin Express07-29

Dynasty Digital Holdings Limited announced on 29 July 2026 that the planned issuance of its second-tranche subscription shares has been terminated because certain conditions precedent were not fulfilled.

Under previously disclosed agreements, each tranche of the multi-stage share subscription was subject to separate completion conditions. Dynasty Digital confirmed that the obligations related to the second tranche are now void, and the parties involved are released from any commitment to proceed with that portion, irrespective of the status of subsequent tranches.

Management stated that cancelling the second tranche will not have a material adverse effect on the Group’s current business, operations, financial condition, or its strategic cooperation with counterparties.

The board remains chaired by Zhu Gongshan, with executives Zhu Yufeng and Huang Wei; non-executive directors Sun Wei, Yeung Man Chung (Charles) and Fang Jiancai; and independent non-executive directors Nie Wenhua, Hu Guowen and Zhao Limei.

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