Da Sen Plans Share Placement to Raise at Least RMB 20 Million

• Da Sen Holdings plans a new share placement to raise at least RMB 20 million for loan repayments and plywood operations.
• Proceeds would also fund remaining capital expenditure for modernizing the Shandong production base.
• Full-scale production at Shandong is targeted following modernization, expected to finish by the end of 2026.
• Management is negotiating repayment extensions with lenders of other expired loans.
• The group will continue seeking disposals of equity interests in certain project development companies to generate cash inflows.

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. Da Sen Holdings Group 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-20261030-12391619), on October 30, 2026, and is solely responsible for the information contained therein.