Rongzun International controlling shareholder to reduce stake significantly

Rongzun International Holdings Group Limited announced that its executive director and significant shareholder, Dr. Hiroshi Kaneko, through Kyosei Technology Inc., has entered a placing agreement. Kyosei Technology Inc. will place up to 372,000,000 existing shares of the company at a price of not less than HK$0.446 each. The private placing period began on October 21, 2025, and is expected to conclude by 5:00 p.m. on October 28, 2025, or when all shares are procured.

The 372,000,000 placing shares represent 60% of the company's current issued share capital. Upon completion, Kyosei Technology Inc.'s shareholding in Rongzun International will decrease from 60% to 15% (93,000,000 shares). This reduction means that Dr. Hiroshi Kaneko, Mr. Yanase Kenichi, and Kyosei Technology Inc. will no longer be controlling shareholders of Rongzun International.

The company anticipates no adverse effect on its operations from this private placing. However, shareholders and potential investors are advised to exercise caution, as the placing may not proceed fully, and the number of shares placed may vary.