China Huajun plans HK$94 million debt-for-equity swap, issuing 94,000,000 new shares at HK$ 1 each

• China Huajun Group set a HKD 94 million debt-for-equity swap, issuing 94,000,000 new shares at HKD 1 each.
• Creditor Vpoint would rise to 53.56% ownership on completion, triggering a mandatory offer unless a whitewash waiver is granted.
• Transaction hinges on independent shareholder votes, Stock Exchange listing approval, SFC waiver approval; long stop date set for Dec. 31, 2026.
• Shares were halted June 22; trading is set to resume at 9:00 a.m. on July 2.
• Public float would fall to 20.61% post-deal; plan to issue new shares within one month to restore free float.

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 Huajun Group Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260630-12223506), on June 30, 2026, and is solely responsible for the information contained therein.