On April 16, a shareholder of Lingbao Gold (03330) transferred shares held with Haitong International Securities to Guotai Junan (Hong Kong). The transferred shares had a market value of HK$1.242 billion, representing 3.99% of the company's issued share capital.

Separately, Lingbao Gold announced that on April 14, 2026 (before trading hours), the seller, the company, and the placing agent entered into a placing and subscription agreement. The seller agreed to appoint the placing agent as an agent, and the placing agent agreed, on a best-efforts basis, to procure buyers for the placing shares at the placing price of HK$26.16 per share. The placing shares consist of 29.816 million H shares. Furthermore, the seller agreed to subscribe for shares at the subscription price, which is the same as the placing price, and the company agreed to allot and issue subscription shares to the seller. The number of subscription shares is 29.816 million H shares, identical to the number of placing shares.

The placing shares represent approximately 2.55% of the existing issued H shares and approximately 2.20% of the total existing issued share capital as of the announcement date. Following the allotment and issuance of the subscription shares, they will represent approximately 2.48% of the then-enlarged issued H shares and approximately 2.16% of the then-enlarged total issued share capital. This calculation assumes no change in the company's issued share capital between the announcement date and the completion of the subscription, aside from the issuance of the subscription shares themselves.