China National Culture Group proposes issuing 46,800,000 unlisted warrants at HK$0.1 each

• China National Culture Group entered four subscription agreements on April 28, 2026 for issuance of 46,800,000 unlisted warrants at HK$ 0.1 each.
• Each warrant carries right to subscribe for one new share at exercise price of HK$ 1.2 during a two-year exercise period.
• Net proceeds from warrant issuance expected at about HK$ 4.6 million, rising to about HK$ 60.7 million if warrants are fully exercised.
• Full exercise would lift issued share count by 46,800,000 shares, equal to about 19.97% of current share capital.
• Company will not seek listing for warrants; it plans to apply for listing of warrant shares.

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 National Culture Group 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-20260428-12131568), on April 28, 2026, and is solely responsible for the information contained therein.