Hope Life International Issues Clarification on Media Reports Regarding Zhongchuang Wangyan

Key Points for Investors

• Hope Life International Holdings Limited (“the Company”) has issued a clarification in response to recent media reports published by Zhongchuang Wangyan (Shenzhen) Technology Co., Ltd. (“Zhongchuang Wangyan”).
• The media post claimed that Zhongchuang Wangyan was pursuing a listing under Hope Life International’s stock code (01683), and that the Company’s name and Board composition would be changed following certain procedures.
• The Company has categorically denied entering into any agreement, arrangement, or understanding with Zhongchuang Wangyan regarding:
  • Pursuing a listing under stock code 01683,
  • Changing the Company’s name to “Zhongchuang Wangyan”, or
  • Changing the composition of the Board of Directors.
• The Company states it does not have any current or future plans to engage in or pursue any of the actions described in the media post.

Details of the Official Clarification

In an official announcement dated 27 April 2026, Hope Life International’s Board clarified that there is no contractual, equity, or other relationship between the Company and Zhongchuang Wangyan or any of its subsidiaries, associated, or affiliated companies, beyond a specific cooperation framework agreement signed on 26 September 2025.

This agreement, which was previously disclosed, pertains solely to the joint development of online banquet-related business and does not extend to any matters related to listings, name changes, or Board composition.

The Board further confirmed that no inside information requires disclosure under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited or the Securities and Futures Ordinance.

Important Information for Shareholders

• Shareholders and potential investors are urged to exercise caution when dealing in the shares of Hope Life International Holdings Limited, given the false or misleading nature of the recent media report.
• This clarification removes uncertainty around potential changes in the Company’s listing status, name, or Board composition. Any such changes could have had significant implications for shareholder value, corporate strategy, and governance.
• The Company has emphasized that any further announcements or developments will be communicated as appropriate.

Current Board Composition

As of the announcement date, the Company’s Board consists of:

• Executive Directors: Mr. LU Zhaowei (Chairman), Mr. XIAO Yi, Mr. LI Congwei, and Mr. WANG Lun.
• Independent Non-Executive Directors: Mr. ZHEN Jian, Ms. ZHAO Hongqin, and Mr. Nathan PAU.

Potential Share Price Impact

The clarification directly addresses and negates rumors that may have led to speculation in the Company’s shares. If investors had acted on the media reports, expecting a significant transaction or corporate restructuring, this official denial could lead to a correction in the Company’s share price, especially if shares had been bid up on the basis of the erroneous information.

Disclaimer

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with professional advisors before making any investment decisions. The information is based on the Company’s official announcements and is accurate as of the date of publication.

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