Core Viewpoint - Lixin Development (00488) has announced that its public float is currently at 19.60%, which is below the required 25% threshold mandated by listing rules [1] Group 1 - The company will publish monthly updates according to listing rules until the public float is restored [1] - The purpose of these updates is to inform shareholders and the market about the progress of the plan to restore the public float [1]

Core Viewpoint - Lixin Development (00488) has announced that its public float is currently at 19.60%, which is below the required 25% threshold mandated by listing rules [1] Group 1 - The company will publish monthly updates in accordance with listing rules until the public float is restored [1] - The purpose of these updates is to inform shareholders and the market about the progress of the plan to restore the public float [1]

Core Viewpoint - Lifen Holdings (01125) has announced that its public float is currently at 14.76%, which is below the required 25% threshold for public ownership as per listing rules [1] Group 1 - The company is in discussions with its controlling shareholders, key related parties, and financial advisors to restore the public float to the required level as soon as reasonably feasible [1]

Core Viewpoint - The company, 滉达富控股 (01348), is currently facing a public float issue, with only 24.87% of its shares held by the public, below the minimum requirement of 25% as per listing rules [1] Group 1 - The offeror, Mr. Liu, and his concert parties collectively hold 1.108 billion shares, representing approximately 75.13% of the company's total issued share capital [1] - The company has applied to the Stock Exchange for a temporary waiver to comply with the listing rules, aiming to restore the minimum public float within two months after the offer closes, specifically by March 29, 2026 [1] - The company is in discussions with a placement agent to allocate up to 5 million shares, equivalent to about 0.33% of the total issued share capital, to independent subscribers [1] Group 2 - The agreement with the placement agent is expected to be finalized by the end of February 2026, with the completion of the placement anticipated around March 13, 2026 [1] - If the placement does not occur within the waiver period, the offeror plans to sell shares in the open market through the Stock Exchange to restore the minimum public float [1]

Core Viewpoint - The company, 滉达富控股, is currently facing a public float issue, with only 24.87% of its shares held by the public, which is below the minimum requirement of 25% as per listing rules [1] Group 1 - The offeror, Mr. Liu, and his concert parties collectively hold 1.108 billion shares, representing approximately 75.13% of the company's total issued share capital [1] - The company has applied to the Stock Exchange for a temporary waiver from strict compliance with listing rule 13.32B to restore the minimum public float within two months after the offer period ends, specifically by March 29, 2026 [1] - The company is in discussions with a placement agent to place up to 5 million shares, equivalent to about 0.33% of the total issued share capital, to independent subscribers [1] Group 2 - The offeror and the placement agent expect to finalize the agreement by the end of February 2026, with the completion of the placement anticipated around March 13, 2026 [1] - If the placement does not occur within the waiver period, the offeror plans to sell shares in the open market through the Stock Exchange to restore the minimum public float [1]

Core Viewpoint - MS CONCEPT has completed the sale of all shares held by independent non-executive directors, restoring public shareholding to meet GEM listing rules [1] Group 1 - The independent non-executive directors sold all their shares through on-market transactions on February 11, 2026 [1] - The settlement of the sale was completed on February 16, 2026 [1] - Following the settlement, the public shareholding amounts to approximately 250 million shares, representing 25.00% of the total issued share capital [1] Group 2 - The controlling shareholder, Future More Company Limited, holds 750 million shares, equivalent to 75.00% of the total issued share capital [1] - The public float has been restored to at least 25.00%, complying with the minimum public float requirement under GEM Listing Rule 17.37B(1) [1]

Group 1 - The company, Fengzhan Holdings (01826), announced that all conditions of the placement agreement have been met, and the placement was completed on February 11, 2026 [1] - A total of 266.4 million shares were placed, representing approximately 16.67% of the company's issued share capital after the placement [1] - The placement shares were sold at a price of HKD 0.153 per share to no fewer than six subscribers [1] Group 2 - Following the completion of the placement, the public float of shares increased from approximately 22.17% to about 35.14%, restoring the public holding to the minimum percentage required by listing rules [1]

Core Viewpoint - The company has been unable to meet the public float requirement of 25% as stipulated by the Hong Kong Stock Exchange since December 9, 2020, with the current public holding at approximately 24.26% [1] Group 1: Public Float Status - The company's public float has been below the minimum requirement due to a major shareholder, REACHGLORY INTERNATIONAL LIMITED, acquiring an additional 0.83% of shares on December 9, 2020 [1] - As of the announcement date, the market value of the publicly held shares, calculated at a closing price of HKD 0.83 per share on February 6, 2026, is approximately HKD 434.5 million [1] Group 2: Future Actions - The company is considering measures to restore its public float to meet the minimum requirement, which may include inviting core connected persons to consider selling their shares [1]

Core Viewpoint - Tian Ge Interactive (01980) is currently facing a public float issue, with approximately 20.85% of its shares held by the public, which is below the minimum requirement set by the listing rules [1] Group 1: Public Float and Offer Conditions - The company announced that as of the date of the announcement, its public float is approximately 20.85%, which is below the minimum public float requirement as per listing rule 13.32B(1) [1] - On January 8, 2026, Sina, through Yuming Investment Management Co., informed the board of its intention to make a partial offer, contingent upon certain conditions being met [1] - By February 4, 2026, Sina announced that all preconditions for the partial offer had been fulfilled [1] Group 2: Board Actions and Compliance - According to takeover code rule 4, once a genuine offer has been communicated to the board, the board cannot take any obstructive actions without shareholder approval at a general meeting [2] - Obstructive actions include issuing new shares and granting stock options, which are part of the company's public float restoration plan disclosed in the announcement dated January 29, 2026 [2] - The board is committed to restoring the company's public float in accordance with listing rule 13.32B and will monitor the progress of the partial offer [2]

Group 1 - The public float of Tian Ge Interactive (01980) is approximately 20.85%, which is below the minimum public float requirement as per Listing Rule 13.32B(1) [1] - On January 8, 2026, Sina, through Yuming Investment Management Co., informed the board of its intention to make a partial offer, contingent upon certain conditions being met [1] - On February 4, 2026, Sina announced that all preconditions for the partial offer had been fulfilled [1] Group 2 - According to Takeover Code Rule 4, once a genuine offer has been communicated to the board of the target company, the board cannot take any obstructive actions without shareholder approval [2] - Obstructive actions include issuing new shares and granting options, which are part of the company's public float restoration plan disclosed in the announcement dated January 29, 2026 [2] - The board is committed to restoring the company's public float in accordance with Listing Rule 13.32B and will monitor the progress of the partial offer [2]