SINOFORTUNE FIN (08123) controlling shareholder sells 22% equity interest in the company

SINOFORTUNE FIN (08123) announced that on November 9, 2026, Mr. Wang Jiawei, the chairman, executive director, and controlling shareholder of the company, sold 75.825 million shares of the company to Aijing Digital Media (Singapore) Pte. Ltd., representing approximately 22.00% of the total issued share capital of the company as at the date of this announcement, at a consideration of HK$0.112 per share. As part of the transaction under the sale, Mr. Wang Jiawei has granted an interest-bearing term loan to the buyer to assist the buyer in completing the sale, and in return, the buyer has granted Mr. Wang Jiawei a first fixed charge over all 75.825 million shares sold by Mr. Wang Jiawei to the buyer as security for the buyer's full and punctual repayment of the loan and its accrued interest. Following the sale, Mr. Wang Jiawei remains legally and beneficially interested in approximately 176 million shares, representing approximately 51.07% of the total issued share capital of the company, and Mr. Wang Jiawei remains the controlling shareholder of the company, while the buyer is legally and beneficially interested in 75.825 million shares, representing approximately 22.00% of the total issued share capital of the company, and has become a substantial shareholder of the company.