Hengyu Group (02448.HK): Termination of proposed restructuring. Company shares will be delisted starting tomorrow.

Gelonghui, February 25 — Hengyu Group (02448.HK) announced that since the company, joint and individual liquidators, and investors have not entered into any agreement or arrangement to continue the restructuring, the restructuring agreement has automatically terminated. As a result, the proposed transactions (including share capital restructuring, subscription matters (including specific authorizations), placings, creditor schemes, wash exemptions, and special transactions) will not proceed. Therefore, the company will also not implement the proposed change to the trading unit per lot.

The Stock Exchange has notified the company that the last trading day of the shares will be February 25, 2026, and the listing status will be canceled from 9:00 a.m. on February 26, 2026.

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