Core Viewpoint - SU Group Holdings Limited will implement a 1-for-10 reverse stock split, increase its authorized share capital, and alter its share capital structure, effective August 25, 2025, to comply with Nasdaq listing requirements [1][3]. Share Consolidation - The reverse stock split will consolidate every ten ordinary shares into one, changing the par value from HK$0.01 to HK$0.10 [2][4]. - The number of issued and outstanding ordinary shares will decrease from approximately 13,847,500 to about 1,384,750 [4]. - The new CUSIP number assigned due to the consolidation is G8552M117 [2]. Share Capital Increase - The authorized share capital will increase from HK$7,500,000 (75,000,000 shares) to HK$75,000,000 (750,000,000 shares) [6]. Share Capital Alteration - The share capital alteration will re-designate the authorized share capital into 749,098,320 Class A ordinary shares and 901,680 Class B ordinary shares [7]. - The voting power of Mr. Chan Ming Dave, the Company's chairman, will increase from approximately 65.84% to 98.96% due to the new share structure [8]. Additional Information - Outstanding stock options and other convertible securities will be adjusted based on the 1-for-10 ratio [9]. - The trading of Class A Ordinary Shares on Nasdaq is expected to continue without disruption [9]. - SU Group provides integrated security-related engineering services, including threat detection and traffic control systems, primarily in Hong Kong [10].

Core Viewpoint - SU Group Holdings Limited has secured its largest contract to date, valued at HK$88.5 million (approximately US$11.3 million), for a major hospital expansion and upgrade project in Hong Kong [1][2]. Contract Details - The contract encompasses the design, delivery, and integration of a comprehensive range of security, monitoring, public address, and safety systems for the hospital project [2]. - Technologies to be implemented include an IP-based public address system, CCTV, access control systems, alarm points, a video phone system, and a master clock system, contributing to a Smart Hospital infrastructure [2][4]. Financial Impact - Initial revenue from the project is anticipated to be recognized in Q4 2025, aligning with SU Group's strategic focus on healthcare infrastructure and smart security solutions in urban sectors [3]. Strategic Importance - The contract signifies a milestone for SU Group, enhancing its reputation and capabilities in delivering high-value security engineering projects [4]. - The healthcare sector's modernization presents opportunities for SU Group to support smarter and safer medical environments [4]. System Components and Benefits - The project includes various systems designed to enhance hospital operations: - **IP-based Public Address System**: Facilitates real-time communication across hospital zones, improving emergency alerts and coordination [7]. - **CCTV and Access Control**: Ensures safety and security for sensitive areas, preventing unauthorized access and aiding in incident investigations [7]. - **Induction Loop System**: Enhances accessibility for hearing-impaired individuals, ensuring compliance with disability access laws [10]. - **Temporary Refuge System**: Provides secure areas for mobility-impaired individuals during emergencies, complying with safety regulations [10]. - **Video Phone System**: Enables contactless communication in secure areas, useful for patient care [10]. - **Master Clock System**: Synchronizes time across departments, critical for surgeries and medication delivery [10]. Company Overview - SU Group Holdings Limited is an integrated security-related services company in Hong Kong, providing security engineering services, guarding, and vocational training for over two decades [8].

Core Viewpoint - SU Group Holdings Limited is currently not in compliance with Nasdaq's minimum bid price requirement due to its ordinary shares closing below $1.00 for 30 consecutive business days, but it has a compliance period of 180 days to regain compliance [1][2]. Company Overview - SU Group Holdings Limited is an integrated security-related services company based in Hong Kong, providing security-related engineering services, security guarding, screening services, and vocational training services [3]. - The company has over two decades of experience in delivering turnkey services for security systems, including threat detection, traffic control, and extra-low voltage systems across various sectors in Hong Kong [3]. Compliance and Future Actions - The company has a compliance period until September 16, 2025, to meet the minimum bid price requirement, and if the closing bid price reaches at least $1.00 for 10 consecutive business days, Nasdaq will confirm compliance [1]. - The company intends to monitor its share price and may consider options such as a reverse stock split to regain compliance with Nasdaq's requirements [2].