DEEWIN (02418) announced that, following its next-day disclosure statement on May 19, 2026, regarding the repurchase of its H-shares on the Stock Exchange, the company repurchased 13.5465 million H-shares in the open market as treasury shares prior to the issuance of this announcement. As these repurchased H-shares will no longer be considered publicly held under the Listing Rules, the company has opted to apply an alternative threshold to meet the minimum public float requirements under Rule 19A.28B of the Listing Rules.
The Board believes that adopting this alternative threshold will provide the company with greater flexibility for future capital management activities. As of May 19, 2026, the market value of the company's public float, calculated in accordance with Rule 19A.28A of the Listing Rules, was HKD 2.689 billion, which is not less than HKD 1 billion. The percentage of the company's public float represents approximately 24.59% of the total issued shares, excluding treasury shares. Consequently, the company meets the alternative threshold requirements stipulated under Rule 19A.28B(1) of the Listing Rules.
In accordance with the Listing Rules, including Rule 19A.28D, the company will make the necessary disclosures in its subsequent monthly reports and annual reports and will continue to monitor its public float level.