COMPLETION OF PLACING OF NEW SHARESUNDER GENERAL MANDATE

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.This announcement appears for information purposes only and does not constitute an invitation or offer to acquire purchase or subscribe for the securities of the Company.HANG YICK HOLDINGS COMPANY LIMITED恒益控股有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 1894) COMPLETION OF PLACING OF NEW SHARES UNDER GENERAL MANDATE Placing Agent Reference is made to the announcement of Hang Yick Holdings Company Limited (the ‘‘Company’’) dated 23 May 2024 (the ‘‘Announcement’’) and the supplemental announcement (the ‘‘Supplemental announcement’’) dated 5 June 2024 in relation to the Placing. Unless otherwise defined capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement.The Board is pleased to announce that all the conditions set out in the Placing Agreement have been fulfilled and the Placing was completed on 19 June 2024 in accordance with the terms and conditions of the Placing Agreement. The Placing Agent has successfully placed 153520000 Placing Shares representing approximately 16.67% of the issued share capital of the Company immediately after completion of the Placing to not less than six Placees at the Placing Price of HK$0.054 per Placing Share.To the best of the Directors’ knowledge information and belief having made all reasonable enquiries each of the Placees and where appropriate their respective ultimate beneficial owners and parties acting in concert with them is an Independent Third Party and none of the Placees has become a substantial Shareholder immediately upon completion of the Placing.The net proceeds from the Placing (after deduction of the placing commission in respect of the Placing and other related expenses including among others the professional fees) are approximately HK$7.8 million which will be used for the purpose as set out in the Supplemental announcement.– 1 –EFFECTS ON SHAREHOLDING STRUCTURE OF THE COMPANY Set out below is the shareholding structure of the Company immediately before and upon Completion: Immediately prior to Immediately after Completion Completion Approximate Approximate No. of Shares %. No. of shares % Public Xu Ai Hua 52505000 6.8 52505000 5.7 The Placee(s) — — 153520000 16.7 Other public Shareholders 715095000 93.2 715095000 77.6 Total 767600000 100 921120000 100 By Order of the Board Hang Yick Holdings Company Limited Mr. Deng Chaowen Chairman Hong Kong 19 June 2024 As at the date of this announcement the Board comprises Mr. Sin Kwok Chi Stephen and Mr. Law Hok Yu as executive directors and Ms. Mak Suet Man Mr. Shi Jianwen and Mr. Deng Chaowen as independent non-executive directors.–2–