GILSTON GROUP (02011) announced that, following the passing of substantial shareholder Mr. Wu Jingming, Mr. Wu Zhuoxuan (an executive director and the nephew of the late Mr. Wu) applied to inherit all of the issued shares of Central Eagle from Mr. Wu Jingming's estate. Mr. Wu Zhuoxuan's application for inheritance has been approved by the Eastern Caribbean Supreme Court of the British Virgin Islands, with the transfer of all issued shares of Central Eagle and all related inheritance procedures completed on January 9, 2026. Consequently, Mr. Wu Zhuoxuan has inherited and obtained all of the issued shares of Central Eagle. As of the date of this announcement, Central Eagle directly holds 139,197,663 shares of the Company, representing approximately 24.23% of the Company's total issued share capital. Following the completion of the inheritance, Mr. Wu Zhuoxuan has become the sole shareholder of Central Eagle and is therefore considered a substantial shareholder of the Company as defined under the Listing Rules. The Board of Directors has confirmed that the inheritance has not had any adverse impact on the Group's operations and overall development.