Core Viewpoint - GC CONSTRUCTION (01489) has appointed Lingzhi Enterprise Financing Limited as an independent financial advisor to provide opinions to the independent board committee regarding the fairness and reasonableness of an offer and whether to accept it [1] Group 1 - GC CONSTRUCTION has made an announcement regarding the appointment of an independent financial advisor [1] - Lingzhi Enterprise Financing Limited is licensed to conduct regulated activities under the Securities and Futures Ordinance, specifically in providing advice on institutional financing [1] - The independent financial advisor will assess the offer's fairness and reasonableness for the independent board committee [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任 何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本公告僅供參考，並不構成收購、購買或認購GC Construction Holdings Limited的 證券的邀請或要約，亦非在任何司法管轄區招攬任何投票權或批准。本公告不會 在構成違反任何司法管轄區相關法律的情況下於或向有關司法管轄區發佈、刊發 或派發。 GC Construction Holdings Limited （股 份 代 號：1489） （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） 委任獨立財務顧問 獨立董事委員會的 獨立財務顧問 本公告乃根據收購守則規則2.1而作出。 茲提述GC Construction Holdings Limited（「本公司」）與Jumbo Flags Capital Limited （「要約人」）根據收購守則規則3.5刊發日期為2025年9月30日的聯合公告（「該聯合 公告」）。除另有界定者外，本公告所用詞彙與該聯合公告所界定者具有相同涵義。 ...

Core Viewpoint - GC Construction (01489) resumed trading with a surge of 100%, reaching HKD 0.67, with a trading volume of HKD 1.4159 million [1] Group 1: Shareholder Changes - The original major shareholder, Jin Yi, completed the transfer of 72.89% equity to an independent third party, Mr. Gan Kok En, for a cash consideration of HKD 122 million [1] - Following the transfer, the offeror is required to make a mandatory general offer at a cash price of HKD 0.1812 per share, representing a discount of approximately 45.91% compared to the price before trading suspension [1] Group 2: Future Business Plans - The offeror intends to continue operating the group's main business and maintain the company's listing status [1] - A review of the group's business activities and assets will be conducted to formulate future business development plans and strategies [1]

Group 1 - GC Construction (01489) resumed trading and surged by 100%, reaching HKD 0.67 with a trading volume of HKD 1.4159 million [1] - The original major shareholder, Jin Yi, completed the transfer of 72.89% equity to independent third party Gan Kok En for a cash consideration of HKD 122 million [1] - Following the transfer, the offeror is required to make a mandatory general offer at a cash price of HKD 0.1812 per share, representing a discount of approximately 45.91% compared to the price before suspension [1] Group 2 - The offeror intends to continue operating the main business of the group and maintain its listing status [1] - A review of the group's business activities and assets will be conducted to formulate future business development plans and strategies [1]

Core Viewpoint - GC CONSTRUCTION (01489.HK) announced that its shares will resume trading today, October 2, 2025, at 9:00 AM [1] Group 1 - The company has officially communicated the resumption of trading for its shares [1]

Major Events - Jinye International Group (08549) plans to issue 100 million shares from September 30 to October 6 [1] - Zhida Technology (02650) intends to globally issue 5.9789 million shares, expecting to list on October 10 [1] - CSPC Pharmaceutical Group (01093) received clinical trial approval for SYH2070 injection (double-stranded small interfering RNA drug) in China [1] - Mixue Group (02097) plans to invest in a fresh beer product company to seize opportunities in the fresh beer industry [1] - Shangshan Gold (01939) proposes a placement at a discount of approximately 19.88%, aiming to raise about HKD 245.8 million [1] - GC Construction (01489) sees a change in controlling interest with a buyout offer at a discount of about 45.91%, resuming trading on October 2 [1] - Times Financial Services Group (00510) major shareholder plans to sell some shares, resuming trading on October 2 [1] - Huajian Medical (01931) confidentially submitted an F-1 registration statement for a dual listing in the U.S. [1] - Ding Shi Capital (00804) intends to acquire 100% equity of a distressed asset disposal business, actively entering the distressed asset market [1] - Chuangmeng Tiandi (01119) plans to issue a total of 236 million shares [1] - Zhaogang Group-W (06676) intends to conduct a share buyback [1] - Daren International (01957) is exploring the possibility of acquiring up to 100 bitcoins [1] - Sihuan Pharmaceutical (00460) received approval from the National Medical Products Administration for its self-developed L-carnosine composite solution water light needle "Frozen Beauty" [1] Bonds and Notes - Minmetals Resources (01208) plans to issue USD 500 million zero-coupon convertible bonds maturing in 2030 [2] Share Buybacks - Tencent Holdings (00700) repurchased approximately 832,000 shares for about HKD 551 million on September 30 [2] - Midea Group (00300) spent approximately CNY 146 million to repurchase 2.0015 million A-shares on September 30 [2] - Anta Sports (02020) repurchased approximately 1.000 million shares for about HKD 99.87 million on September 30 [2] - SF Holding (06936) repurchased approximately 937,600 A-shares for about CNY 37.78 million on September 30 [2] - HSBC Holdings (00005) repurchased approximately 2.1133 million shares for about GBP 22.07 million on September 29 [2] Operating Performance - BYD Company (01211) reported approximately 3.2601 million new energy vehicle sales in the first nine months, a year-on-year increase of 18.64% [2] - Geely Automobile (00175) reported total vehicle sales of 273,100 units in September, a year-on-year increase of approximately 35% [2] - Great Wall Motors (02333) reported total vehicle sales of approximately 133,600 units in September, a year-on-year increase of 23.29% [2] - NIO Inc. (09866) delivered 34,749 vehicles in September, setting a new monthly record with a year-on-year increase of 64.1% [2] - Li Auto (02015) delivered 33,951 new vehicles in September [2]

Core Points - GC CONSTRUCTION (01489.HK) announced the sale of 729 million shares to Jumbo Flags Capital Limited for a total cash consideration of HKD 122 million, representing approximately 72.89% of the company's issued share capital [1] - Following the completion of the transaction, the offeror and its concert parties will collectively own 729 million shares, also representing about 72.89% of the company's issued share capital [1] - The mandatory unconditional cash offer price is set at HKD 0.1812 per share, which is a discount of approximately 45.91% compared to the closing price of HKD 0.3350 on September 22 [1] - The offeror is a company registered in the British Virgin Islands, primarily engaged in investment holding, and is wholly owned by Gan Kok En, an experienced corporate executive [1] - Gan Kok En is the chairman of GM Vision Investment Co., Limited, which focuses on land investment and provides consulting services related to investments in Cambodia [1] - The company has applied to the Stock Exchange for the resumption of trading of its shares starting from 9:00 AM on October 2, 2025 [2]

Group 1 - The offeror, Jumbo Flags Capital Limited, completed the acquisition of approximately 729 million shares of GC Construction, representing about 72.89% of the company's total issued share capital, for a total cash consideration of approximately HKD 122 million, equating to about HKD 0.1680 per share [1] - Following the completion of the acquisition, the offeror and its concert parties collectively own approximately 729 million shares, which is about 72.89% of the total issued share capital [1] - According to Rule 26.1 of the Takeovers Code, the offeror is required to make a mandatory unconditional cash offer for all issued shares, with the offer price set at HKD 0.1812 per share, reflecting a discount of approximately 45.91% compared to the closing price of HKD 0.3350 per share on the last trading day [1] Group 2 - After the offer period, the offeror intends to allow the group to continue operating its core business and maintain the company's listing status [2] - The offeror will review the group's business activities and assets to formulate a business plan and strategy for future business development [2]

Group 1 - The offeror, Jumbo Flags Capital Limited, completed the acquisition of approximately 729 million shares of GC Construction, representing about 72.89% of the total issued share capital, for a total cash consideration of approximately HKD 122 million, equating to about HKD 0.1680 per share [1] - Following the completion of the acquisition, the offeror and its concert parties collectively own approximately 729 million shares, which is about 72.89% of the total issued share capital [1] - According to the takeover code rule 26.1, the offeror is required to make a mandatory unconditional cash offer for all issued shares, with the offer price set at HKD 0.1812 per share, reflecting a discount of approximately 45.91% compared to the closing price of HKD 0.3350 on the last trading day [1] Group 2 - The offeror intends to allow the group to continue operating its core business and maintain its listing status [2] - The offeror will review the group's business activities and assets to formulate a business plan and strategy for future development [2]

Group 1 - The offeror, Jumbo Flags Capital Limited, completed the acquisition of approximately 729 million shares of GC CONSTRUCTION, representing about 72.89% of the company's total issued share capital, for a total cash consideration of approximately HKD 122 million, equating to approximately HKD 0.1680 per share [1] - Following the completion of the acquisition, the offeror and its concert parties collectively own about 729 million shares, which is approximately 72.89% of the total issued share capital [1] - According to Rule 26.1 of the Takeovers Code, the offeror is required to make a mandatory unconditional cash offer for all issued shares, with the offer price set at HKD 0.1812 per share, reflecting a discount of approximately 45.91% compared to the closing price of HKD 0.3350 per share on the last trading day [1] Group 2 - After the offer period, the offeror intends to allow the group to continue operating its main business and maintain the company's listing status [2] - The offeror will review the group's business activities and assets to formulate future business development plans and strategies [2]