Beisen Holding Limited (Stock Code: 9669) announced the completion of a concurrent share transaction following the acquisition of Kuxuan (Beijing) Technology Co., Ltd. The transaction was finalized after meeting all conditions precedent, including the Target Company’s receipt of an ICP License in October 2025 and ODI approval secured by the Share Exchange Vendors in January 2026.

On 11 February 2026, Beisen Holding Limited issued 34,761,638 consideration shares to the Share Exchange Vendors, representing approximately 4.8% of the company’s issued shares (excluding treasury shares) immediately after allotment. These newly issued shares are subject to a six-month lock-up period.

Subsequent to this issuance, the company’s shareholding structure changed. The Directors, chief executive, and substantial shareholders collectively hold about 22.7%, while the RSU Trustee holds 0.7%. The Share Exchange Vendors account for 4.8%, and other public shareholders hold 71.8%. To offset the dilutive effect of issuing these new shares, Beisen Holding Limited plans to cancel 32,000,000 treasury shares.