HG Semiconductor Limited (Stock Code: 6908) has announced the completion of Agreement A on 29 January 2026, following the fulfillment of all relevant conditions stipulated in its circular dated 7 January 2026 and poll results announcement dated 22 January 2026. Through this completion, HG Semiconductor Limited now fully owns Target Company A, which holds approximately 8.34% of Shenzhen Jiahong. Consequently, Target Company A’s financial results will be consolidated into the Group’s financial statements, and Shenzhen Jiahong remains an indirect non-wholly owned subsidiary of the Group.

In settling Consideration A under Agreement A, HG Semiconductor Limited issued 146,776,000 new shares at HK$0.50 per share to Vendor A1, as directed by Vendors A. Following the issuance, HG Semiconductor Limited’s total share capital equals 1,173,666,981 shares. Wide Yield Investment Holding Limited holds 10.70%, Vendor A1 12.51%, Jovial Star International Limited 13.79%, certain directors in aggregate 2.02%, and other public shareholders 60.42%.

The Company states that a subsequent announcement will be made upon completion of Agreement B.