Fangzhou Inc. (stock name: FANGZHOU JIANKE) has released a board announcement outlining a plan to replace its existing Articles of Association with an Amended and Restated version.

Key proposed changes:

1. Treasury shares – The new Articles will explicitly authorise the company to hold repurchased shares in treasury, reflecting the powers already available under Cayman Islands law and the Hong Kong Listing Rules.

2. Paperless listing compliance – Revisions will bring the Articles into line with the Hong Kong Stock Exchange’s “Consultation Conclusions to Proposals to Further Expand the Paperless Listing Regime and Other Rule Amendments” dated 24 January 2025. This includes expanded definitions for electronic communications, electronic voting and payment instructions, and clarification that “place” in meeting notices can cover physical, virtual or hybrid venues.

3. Housekeeping updates – Additional drafting refinements cover quorum calculations (excluding treasury shares), acceptance of electronic proxy forms, electronic dividend payments, and other administrative matters.

Approval process:

• The amendments require a special resolution at the forthcoming annual general meeting. • A circular detailing the full text of changes and the AGM notice will be distributed to shareholders in due course.

Board composition (as at 22 May 2026): three executive directors (ZHOU Feng, ZOU Yuming, WANG Haijiao); two non-executive directors (David McKee Hand, XIE Fangmin); and three independent non-executive directors (Dr. WANG Haizhong, KANG Wei, ZHU Xiaolu).