Industrial Bank Co Ltd: To acquire Far East Gold Limited through an off-market takeover offer at $0.13 per share, at a premium of 34.02%.

Industrial Bank announced that the company's wholly-owned subsidiary, Industrial Gold Mining Co., Ltd., has been designated as the offeror and launched a voluntary comprehensive offer to all shareholders of Far East Gold Limited, listed on the Australian Securities Exchange, on May 27, 2026. The offer price is 0.13 Australian dollars per share, which represents a premium of 34.02% over the closing price of 0.097 Australian dollars per share on the last trading day before the offer was made. If all shareholders of the target company accept the offer and the transaction is successful, the total investment amount for this transaction is approximately 38 million Australian dollars, equivalent to approximately 186 million RMB. As of the announcement date, the offeror has not reached an agreement with the board of directors of the target company and already holds 19.99% of the target company's shares, making it the largest shareholder.