HAO WEN HLDGS (08019) announced that on March 1, 2026, the company entered into a supplementary memorandum of understanding with Chengmai Junli. The supplementary memorandum outlines, among other things: (i) the company's proposal to place up to 106 million new shares (representing approximately 22.94% of the company's enlarged issued share capital) through a placing agent under a specific mandate; and (ii) Chengmai Junli's intention to subscribe for up to 106 million new shares to be allotted and issued under the potential placing. The board of directors considers the potential subscription and the potential placing to be an opportunity to raise additional capital to meet the general working capital needs of the group and to strengthen its financial position. The board believes that the potential subscription and placing will be beneficial for the long-term development of the group, broaden its shareholder and capital base, and thereby facilitate its future growth and business development.