Graphex Group Limited (Stock Code: 06128) reported that shareholders at the Extraordinary General Meeting (EGM) on 20 March 2026 passed the sole ordinary resolution with full support, authorising the board to proceed with a potential asset disposal.

The resolution ratified the agreement signed on 1 December 2025 and granted the board an 18-month mandate to enter a definitive agreement with the prospective purchaser should the latter exercise its option to acquire the target business.

Polling details: • Votes in favour: 240.35 million shares (100.00%) • Votes against: 0 shares (0.00%) • Issued share capital eligible to vote: 941.31 million shares

The 240.35 million votes cast represent roughly 25.54% of total issued shares, indicating solid participation for a single-item agenda. Tricor Investor Services Limited acted as the scrutineer. All directors attended except Non-Executive Director Ma Lida, who was absent due to other work commitments.

Management stated it will work closely with the purchaser to facilitate due diligence during the option period. The company emphasised that the disposal remains contingent on the purchaser’s decision to exercise the option and warned that the transaction may or may not proceed. Further updates will be released in line with Hong Kong Listing Rules.