China First Capital Group (1269) Announces Supplemental Information on Proposed Debt Restructuring

Bulletin Express
02/02

China First Capital Group Limited (stock code: 1269) has released a supplemental announcement regarding a restructuring support agreement dated 2 January 2026. The announcement provides additional details on the Proposed Debt Restructuring and confirms that the Restructuring Support Agreement is legally binding. According to the announcement, the Company is in the process of identifying the specific investors and has already identified the target company, but there are no existing agreements or arrangements with these parties.

The announcement clarifies that the Call Option and Put Option described in the Restructuring Support Agreement are not yet legally binding. Finalization is subject to court sanction of the proposed scheme and the execution of a separate agreement with the investors, which will become effective on the Restructuring Effective Date. The Company intends to publish further updates on relevant developments, in accordance with the Listing Rules.

Shareholders and potential investors are urged to exercise caution when dealing in the securities of the Company. The announcement is dated 2 February 2026, and as of that date, the executive directors are Dr. Wilson Sea and Dr. Zhu Huanqiang, while the independent non-executive directors are Mr. Chu Kin Wang, Peleus, Mr. Loo Cheng Guan, and Ms. Lu Dan.

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