GOME RETAIL (00493) announced that on January 16, 2026, the Company, Subscriber A (Shanghai Jin Bo Ding Enterprise Service Co., Ltd.), and the Subscriber A Designee (Jin Bo Ding Investment Management Co., Ltd.) entered into Subscription Agreement A. Under this agreement, the Company conditionally agreed to allot and issue, and Subscriber A (through the Subscriber A Designee) conditionally agreed to subscribe for, an aggregate of 21.619 billion shares at an issue price of HK$0.015 per share. Upon completion of Subscription Agreement A, the Settlement Amount A owed by the Group to Subscriber A (amounting to RMB 290 million, approximately HK$324 million based on the agreed exchange rate) will be deemed irrevocably and unconditionally settled through the allotment and issuance of these shares.

On the same day, the Company and Subscriber B (China Taiyue Technology Co., Ltd.) entered into Subscription Agreement B. Under this agreement, the Company conditionally agreed to allot and issue, and Subscriber B conditionally agreed to subscribe for, an aggregate of 3.49 billion shares at an issue price of HK$0.015 per share. Upon completion of Subscription Agreement B, the Settlement Amount B owed by the Group to Subscriber B (amounting to RMB 46.8139 million, approximately HK$52.3473 million based on the agreed exchange rate) will be deemed irrevocably and unconditionally settled through the allotment and issuance of these shares.

The Subscription Shares (totaling 25.108 billion shares, comprising Subscription Shares A and Subscription Shares B) represent approximately 52.43% of the Company's total issued share capital as of the date of this announcement. Assuming no change in the Company's issued share capital (other than the allotment and issuance of the Subscription Shares) from the announcement date to the completion date of the subscription agreements, the shares represent approximately 34.40% of the Company's total issued share capital as enlarged by the allotment and issuance of the Subscription Shares.

Based on the closing price of HK$0.015 per share as quoted on the Stock Exchange on the date of the subscription agreements, the total nominal value of the Subscription Shares is approximately HK$628 million, with a market value of approximately HK$377 million.

The Subscribers are agents of financial or technical service providers to the Group in its ordinary and usual course of business. The Group expects to settle a total debt of approximately RMB 337 million (approximately HK$377 million) through the subscriptions.

The subscription is expected to assist the Company in partially resolving its debt risk, which will support the restoration of the Company's overall creditworthiness and long-term business operations. The Group will not receive any cash proceeds from the subscription.