Wanguo Gold proposes share subdivision, board lot size change

Wanguo Gold Group Limited is proposing a share subdivision, where each existing HK$0.1 share will be divided into four new HK$0.025 shares. Concurrently, the company plans to change its board lot size from 2,000 shares to 500 subdivided shares. These changes are expected to lower the investment barrier and improve trading liquidity by appealing to a broader investor base. The company's chairman, Gao Mingqing, demonstrated confidence in the company's prospects by increasing his shareholding through Victor Soar Investments Limited, acquiring 1,010,000 ordinary shares on 4 November 2025, bringing his total interest to approximately 25.57% of the issued share capital.

An extraordinary general meeting (EGM) is scheduled for Friday, 21 November 2025, at 10:00 a.m. in Hong Kong to approve the share subdivision and related matters. The register of members will be closed from Tuesday, 18 November 2025, to Friday, 21 November 2025, to determine eligibility for attendance and voting. The effective date for the share subdivision is anticipated to be Tuesday, 25 November 2025, with dealings in subdivided shares commencing on the same day.

Share certificates will be exchanged free of charge between 25 November 2025, and 6 January 2026. After this period, a fee of HK$2.50 will apply per certificate. Existing share certificates will remain valid for trading and settlement until 4:10 p.m. on Friday, 2 January 2026, after which new gold-colored certificates will distinguish the subdivided shares from the original pink certificates. The company confirms no other convertible securities or share awards were outstanding as of the latest practicable date.