China Wood International (01822): The share offering was effectively accepted by about 58.80%

According to Zhitong Finance App, Zhongmu International (01822) issued an announcement. On the record date, (i) it sold 987 million shares of the offering (shares offered) under the offering; and (ii) there were no ineligible shareholders and the number of unsold shares of unqualified shareholders was zero. The Board of Directors announced that at 4:00 p.m. on August 28, 2026 (Friday) (the final acceptance deadline), a total of 19 valid admissions were received, involving a total of 580 million shares offered, accounting for about 58.80% of the total number of shares offered. According to this, the shortfall in the share offering subscription amount to 407 million shares, accounting for about 41.20% of the total number of shares offered. Such shares will be subject to compensation arrangements.

According to the placement agreement, the Company appoints a placement agent to place the placed shares to the independent undertaker on a best-effort basis during the placement period, and any premium realized above the subscription price of such offered shares will be paid in proportion to such inactive shareholders. The placement agent will, on a best endeavour basis, induce the undertaker to subscribe all (or as many as possible) of such unsubscribed shares and the unsold shares of unqualified shareholders not later than 4:00 p.m. on September 8, 2026 (Tuesday). The Company will not issue any unsubscribed shares that have not been placed even after the placement has been completed, and unsold shares offered by unqualified shareholders, and the size of the share offering will be reduced accordingly.