Fenbi Ltd. (the Company) published a supplementary announcement regarding the recent shareholding increase by Mr. Zhang Xiaolong, the chairman of the board and a substantial shareholder, and Mr. Wei Liang, an executive director and substantial shareholder. According to the disclosure, Mr. Wei acquired 350,000 shares on October 17, 2025, at a total consideration of HK$1,034,500 (average price of approximately HK$2.956 per share). This purchase aligns with the share acquisitions made by Mr. Zhang on the same date.

The announcement indicates that Mr. Zhang, Mr. Wei, and Mr. Li Yong, who act in concert, collectively held 552,261,000 shares after these acquisitions, representing approximately 24.70% of the Company’s issued share capital on that day. Prior to the transactions, they held 551,101,000 shares, equivalent to around 24.65% of the issued share capital on October 17, 2025.

The Company confirms that sufficient public float of its issued shares remains intact and that the transactions did not trigger mandatory general offer obligations. The Company observes that the executives’ share purchases signify continued confidence in its development outlook. The board will further disclose any significant changes in accordance with applicable regulations, advising shareholders and potential investors to exercise caution when dealing in the Company’s shares.