Diwang Industrial terminates HK$0.087 share placing plan after weak investor interest

• Diwang Industrial terminated its planned placing of up to 72,000,000 new shares under a general mandate.
• The company, the placing agent agreed to end the placing agreement on July 13, 2026.
• The placing targeted HK$0.087 per share, with a best-efforts plan to place shares with at least six independent investors.
• Only one prospective investor showed firm interest for roughly 10% to 20% of the offer, prompting the termination.
• The company said the cancellation is not expected to materially affect operations or financial position.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Diwang Industrial Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260713-12242939), on July 13, 2026, and is solely responsible for the information contained therein.