Great Wall Terroir Holdings Limited announced that the standard trading unit of its shares on the Hong Kong Stock Exchange will be cut from 50,000 to 10,000 shares, effective 9:00 a.m. on 20 July 2026. Based on the latest closing price of HK$1.52 per share, the market value of one board lot will fall from HK$76,000 to HK$15,200, a move the board expects to enhance share liquidity and widen investor participation.

The company confirmed that the change will not alter shareholders’ rights and will not generate additional odd lots beyond those that already exist. An optional, free exchange of old share certificates (50,000-share lots) for new certificates (10,000-share lots) will run from 6 July 2026 to 11 August 2026 at Tricor Investor Services Limited. After this period, exchanges will incur a HK$2.50 handling fee per certificate.

Key timetable: • 6 July 2026: First day for free exchange of certificates • 17 July 2026: Last day of trading in 50,000-share board lots on the original counter • 20 July 2026: Effective date of new 10,000-share board lot and start of parallel trading • 7 August 2026: End of parallel trading and closure of temporary counter • 11 August 2026: Deadline for free certificate exchange

The board stated it has no current plans for share splits, capital reductions or other corporate actions that could offset the intended effect of the board lot adjustment, nor any concrete fundraising initiatives within the next 12 months, though potential equity financings may be considered if strategic opportunities arise.