China Wood proposes HK$88.8 million capital reduction via share cancellation

• China Wood International proposed capital reduction via cancellation of paid-up capital of HK$0.09 per issued share, cutting par value to HK$0.01 from HK$0.1.
• Issued share capital would fall to HK$9,868,986 from HK$98,689,868, based on 986,898,680 issued shares.
• Authorized but unissued shares would be split 10-for-1 into unissued shares of HK$0.01 par value.
• Authorized share capital would remain HK$200 million, raising authorized share count to 20,000,000,000 from 2,000,000,000.
• Expected timetable lists AGM at 3:00 p.m. on May 22, 2026, with circular dispatch due on or before April 29, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Wood International Holding Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260413-12103931), on April 13, 2026, and is solely responsible for the information contained therein.