PROFIT WARNING

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.BaWang International (Group) Holding Limited 霸王国际(集团)控股有限公司* (Incorporated in the Cayman Islands with limited liability) (Stock code: 01338) PROFIT WARNING This announcement is made by the board (the “Board”) of directors of BaWang International (Group) Holding Limited (the “Company” together with its subsidiaries the “Group”) pursuant to Rule 13.09(2)(a) of The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the laws of Hong Kong).Based on the management’s preliminary review of the Group’s operating data and the sales and promotion plans of the Group the management expects that the Group will have a relatively lower net profit for the first half of 2024 of around RMB1.0 million representing a decrease of approximately 70 to 80 percent as compared with the net profit of RMB4.5 million for the same period last year. The primary reason for the decrease in net profit is due to an increase in selling and distribution expenses incurred for both online and conventional channels such as online platform promotion fees during the first half of 2024 which negatively impact the Group’s net profit margin.The information contained in this announcement is based on the preliminary review of the currently available information which has not been reviewed by the Company’s auditors or its Audit and Risk Management Committee.Shareholders and potential investors of the Company are therefore advised to exercise caution when dealing in the shares of the Company.By order of the Board BaWang International (Group) Holding Limited CHEN Qiyuan Chairman Hong Kong 14 June 2024 As at the date of this announcement the Board comprises three executive directors namely Mr. CHEN Qiyuan Mr. CHEN Zheng He and Mr. WONG Sin Yung and three independent non-executive directors namely Mr. CHEUNG Kin Wing Dr. WANG Qi and Dr. LIU Jing.* For identification purpose only