Announcement of Allotment Results

Hong Kong Exchanges and Clearing Limited The Stock Exchange of Hong Kong Limited (the “Stock Exchange ”) and Hong Kong Securities Clearing Company Limited (“HKSCC ”) 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.Unless otherwise defined herein capitalized terms used in this announcement shall have the same meanings as those defined in the prospectus dated June 20 2024 (the “Prospectus”) issued by Laopu Gold Co. Ltd.* (the “Company”).This announcement is for information purposes only and does not constitute an offer or an invitation to induce an offer to acquire purchase or subscribe for any securities of the Company. This announcement is not a prospectus. Potential investors should read the Prospectus for detailed information about the Company and the Global Offering described below before deciding whether or not to invest in the Offer Shares. Any investment decision in relation to the Offer Shares should be taken solely in reliance on the information provided in the Prospectus.This announcement does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of Offer Shares in any jurisdiction in which such offer solicitation or sales would be unlawful. This announcement is not for release publication distribution directly or indirectly in or into the United States (including its territories and possessions any state of the United States and the District of Columbia). This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States or in any other jurisdiction. The Offer Shares have not been and will not be registered under the United States Securities Act of 1933 as amended from time to time (the “U.S. Securities Act ”) or securities law of any state or other jurisdiction of the United States and may not be offered sold pledged or transferred within the United States except in transactions exempt from or not subject to the registration requirements of the U.S. Securities Act. The Company has not intended and does not intend to make any public offer of securities in the United States. The Offer Shares are being offered and sold outside the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act.Unless otherwise defined in this announcement capitalized terms used herein shall have the same meanings as those defined in the Prospectus.Potential investors of the Offer Shares should note that the Sole Overall Coordinator (for itself and on behalf of the Hong Kong Underwriters) can in its sole and absolute discretion terminate the Hong Kong Underwriting Agreementwith immediate effect upon the occurrence of any of the events set out in the section headed “Underwriting –Underwriting Arrangements – Hong Kong Public Offering – Grounds for Termination” in the Prospectus at any time prior to 8:00 a.m. (Hong Kong time) on the Listing Date (which is currently expected to be on June 28 2024).In connection with the Global Offering China Securities (International) Corporate Finance Company Limited as stabilizing manager (the “Stabilizing Manager”) (or its affiliates or any person acting for it) on behalf of the Underwriters may over-allocate or effect transactions with a view to stabilizing or supporting the market price of the H Shares at a level higher than that which might otherwise prevail for a limited period after the Listing Date.However there is no obligation on the Stabilizing Manager (or its affiliates or any person acting for it) to conduct any such stabilizing action which if taken will be done at the absolute discretion of the Stabilizing Manager (or its affiliates or any person acting for it) and may be discontinued at any time. Any such stabilizing action is required to be brought to an end on the 30th day after the last day for lodging applications under the Hong Kong Public Offering being Thursday July 25 2024. Such stabilisation action if commenced may be effected in all jurisdictions where it is permissible to do so in each case in compliance with all applicable laws rules and regulatory requirements including the Securities and Futures (Price Stabilizing) Rules (Cap. 571W of the Laws of Hong Kong) as amended made under the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong). Potential investors should be aware that no stabilizing action can be taken on the Hong Kong Stock Exchange to support the price of the H Shares for longer than the stabilization period which begins on the Listing Date and is expected to expire on Thursday July 25 2024 being the 30th day after the last day for lodging applications under the Hong Kong Public Offering. After this date when no further stabilizing action may be taken demand for the H Shares and therefore the price of the H Shares could fall. 1Laopu Gold Co. Ltd.* 老铺黄金股份有限公司 (A joint stock company incorporated in the People’s Republic of China with limited liability) GLOBAL OFFERING Number of Offer Shares under the : 22368900 H Shares (taking into account Global Offering the full exercise of the Offer Size Adjustment Option and subject to the Over-allotment Option) Number of Hong Kong Offer Shares : 11184500 H Shares (as adjusted after reallocation and taking into account the full exercise of the Offer Size Adjustment Option) Number of International Offer Shares : 11184400 H Shares (as adjusted after reallocation and taking into account the full exercise of the Offer Size Adjustment Option and subject to the Over-allotment Option) Offer Price : HK$40.50 per H Share plus brokerage of 1.0% SFC transaction levy of 0.0027% AFRC transaction levy of 0.00015% and Hong Kong Stock Exchange trading fee of 0.00565% (payable in full on application in Hong Kong dollars and subject to refund) Nominal value : RMB1.00 per H Share Stock code : 6181 Sole Sponsor Sole Overall Coordinator and Sole Global Coordinator Joint Bookrunners and Joint Lead Managers Joint Lead Manager * For identification purpose only 2LAOPU GOLD CO. LTD* / 老铺黄金股份有限公司 ANNOUNCEMENT OF ALLOTMENT RESULTS Unless otherwise defined herein capitalised terms used in this announcement shall have the same meanings as those defined in the prospectus dated June 20 2024 (the “Prospectus”) issued by Laopu Gold Co. Ltd.* (the “Company”).Warning: In view of high concentration of shareholding in a small number of H Shareholders H Shareholders and prospective investors should be aware that the price of the H Shares could move substantially even with a small number of H Shares traded and should exercise extreme caution when dealing in the H Shares.SUMMARY Company Information Stock Code 6181 Stock Short Name LAOPU GOLD Dealings commencement date June 28 2024# # see note at the end of the announcement Price Information Offer Price HK$40.50 Offer Price Adjustment exercised N/A Offer Shares and Share Capital Number of Offer Shares 22368900 Number of Offer Shares in Hong Kong 11184500 Public Offering (after reallocation and exercise of Offer Size Adjustment Option) Number of offer shares in International 11184400 Offering (after reallocation and exercise of Offer Size Adjustment Option) Number of issued shares upon Listing 165011400 The number of offer shares above is determined after taking into account the additional shares issued under the following Offer Size Adjustment Option and assuming the Over- allotment Option is not exercised.Offer Size Adjustment Option (Upsize option) Number of additional shares issued 2917600 under the option - Hong Kong Public Offering 1458800 * For identification purpose only- International Offering 1458800 The Offer Size Adjustment Option was exercised in full pursuant to which the Company is issuing and allotting 2917600 additional Offer Shares representing approximately 15.00% of the total number of Offer Shares initially available under the Global Offering at the Offer Price.Over-allocation No. of Offer Shares over-allocated 3355300 Such over-allocation may be covered by exercising the Over-allotment Option or by making purchases in the secondary market at prices that do not exceed the Offer Price or through deferred delivery or a combination of these means. In the event the Over-allotment Option is exercised an announcement will be made on the Stock Exchange’s website.Proceeds Gross proceeds (Note) HK$ 905.94 million Less: Estimated listing expenses HK$(79.30) million payable Net Proceeds HK$ 826.64 million Note: Gross proceeds refers to the amount to which the issuer is entitled to receive assuming the Over-allotment Option is not exercised. For details of the use of proceeds please refer to the Prospectus dated June 20 2024.ALLOTMENT RESULTS DETAILS HONG KONG PUBLIC OFFERING No. of valid applications 42474 No. of successful applications 20289 Subscription level 582.15 times Claw-back triggered Yes No. of Offer Shares initially available under the Hong Kong Public 1945200 Offering No. of Offer Shares reallocated from the International Offering (claw- 7780500 back) Final no. of Offer Shares under the Hong Kong Public Offering (after 11184500 reallocation and exercise of Offer Size Adjustment Option) % of Offer Shares under the Hong Kong Public Offering to the Global 43.48% Offering (after reallocation over-allocation and exercise of Offer Size Adjustment Option) Note: For details of the final allocation of shares to the Hong Kong Public Offering investors can refer to www.eipo.com.hk/eIPOAllotment to perform a search by name or identification number or www.eipo.com.hk/eIPOAllotment for the full list of allottees.INTERNATIONAL OFFERING No. of placees 108 Subscription Level 11.90 times No. of Offer Shares initially available under the International Offering 17506100 No. of Offer Shares reallocated to the Hong Kong Public Offering (claw- 7780500 back) Final no. of Offer Shares under the International Offering (after 14539700 reallocation over-allocation and exercise of Offer Size Adjustment Option) % of Offer Shares under the International Offering to the Global 56.52% Offering (after reallocation over-allocation and exercise of Offer Size Adjustment Option) The Directors confirm that to the best of their knowledge information and belief save for a waiver from strict compliance with Rule 10.04 of the Listing Rules and a consent under paragraph 5(2) of Appendix F1 to the Listing Rules (the “Placing Guidelines”) granted by the Stock Exchange to permit the Company to allocate certain Offer Shares in the International Offering to close associates of certain existing shareholders (i) none of the Offer Shares subscribed by the placees and the public have been financed directly or indirectly by the Company any of the Directors Supervisors chief executive of the Company controlling shareholders substantial shareholders existing shareholders of the Company or any of its subsidiaries or their respective close associates; and (ii) none of the placees and the public who have purchased the Offer Shares are accustomed to taking instructions from the Company any of the Directors Supervisors chief executive of the Company controlling shareholders substantial shareholders existing shareholders of the Company or any of its subsidiaries or their respective close associates in relation to the acquisition disposal voting or other disposition of Shares registered in his/her/its name or otherwise held by him/her/it.The placees in the International Offering include the following: Cornerstone Investors Investor No. of Offer % of Offer % of total % of total Existing Shares Shares issued H issued share shareholders allocated Shares after capital after or their the Global the Global close Offering Offering associates Huang River 6751000 30.18% 7.38% 4.09% No Investment Limited China 2025300 9.05% 2.22% 1.23% NoSouthern Asset Management Co. Ltd.CPE Greater 2025300 9.05% 2.22% 1.23% No China Enterprises Growth Fund Total 10801600 48.29% 11.82% 6.55% Assuming the Over-allotment Option is not exercised.Allottees with waivers/consents obtained Investor No. of % of Offer % of total % of total Relationship* Offer Shares issued H issued Shares Shares share allocated after the capital Global after the Offering Global Offering BA Sky 384300 1.72% 0.42% 0.23% Existing Limited shareholder/Director or its close associate Total 384300 1.72% 0.42% 0.23% Assuming the Over-allotment Option is not exercised.* BA Sky Limited is wholly-owned by BA Capital Fund. The general partner of BA Capital Fund is BA Capital Limited which is ultimately controlled by Mr. HE Yu. Xiamen Heiyi and Suzhou Yimei are existing shareholders of the Company holding 2655800 Shares (representing approximately 1.61% of the voting rights of the Company immediately after the completion of the Global Offering (assuming the Over-allotment Option is not exercised)) and 2121700 Shares (representing approximately 1.29% of the voting rights of the Company immediately after the completion of the Global Offering (assuming the Over- allotment Option is not exercised)) respectively. Xiamen Heiyi is a limited partnership incorporated in the PRC with Xiamen Yiyuan as its general partner. Suzhou Yimei is a limited partnership incorporated in the PRC with Xiamen Yiyuan as its general partner. In addition BA HM Hong Kong Limited which holds approximately 98.43% interests of Suzhou Yimei as one of its limited partners is controlled by BA Capital Fund. Xiamen Yiyuan is ultimately controlled by Mr. HE Yu. As such BA Sky is a close associate of Xiamen Heiyi and Suzhou Yimei which are existing shareholders of the Company holding 2655800 Shares (representing approximately 1.61% of the voting rights of the Company immediately after the completion of the Global Offering (assuming the Over-allotment Option is not exercised)) and 2121700 Shares (representing approximately 1.29% of the voting rights of the Company immediately after the completion of the Global Offering (assuming the Over-allotment Option is not exercised)) respectively. The Company has applied for and the Exchange has granted a waiver from strict compliance with Rule 10.04 of the Listing Rules and a consent under Paragraph 5(2) of Appendix F1 to the Listing Rules for allocation of Offer Shares under the International Offering to BA Sky Limited. The allocation of Offer Shares to BA Sky Limited is in compliance with all the conditions under the waiver and consent granted by the Stock Exchange.LOCK-UP UNDERTAKINGS Existing Shareholders (excluding Pre-IPO Investors) Name Number of shares % of total % of Last day held in the issued H shareholding subject to the Company subject Shares after in the lock-up to lock-up the Global Company undertakings undertakings upon Offering subject to lock- listing subject to lock- up up undertakings undertakings upon listing upon listing (assuming the (assuming the Over-allotment Over-allotment Option is not Option is not exercised) exercised) Beijing 56101300 24.55% 34.00% June 27 2025 Hongqiao Jinji (including Consulting 22440520 H Co. Ltd. /北京 Shares)红乔金季咨询顾问有限公司 Xu Gaoming / 31934400 13.97% 19.35% June 27 2025 徐高明 (including 12773760 H Shares) Xu Dongbo /徐 14319200 6.27% 8.68% June 27 2025 东波 (including 5727680 H Shares) Tianjin 9284900 5.08% 5.63% June 27 2025 Jincheng (including Enterprise 4642450 H Management Shares) Consulting L.P. (LimitedPartnership) /天津金橙企业管理咨询合伙 企业(有限合 伙) Tianjin Jinji 4351000 H Shares 4.76% 2.64% June 27 2025 Enterprise Management Consulting L.P. (Limited Partnership) /天津金积企业管理咨询合伙 企业(有限合 伙) Tianjin Jindi 2592500 H Shares 2.84% 1.57% June 27 2025 Enterprise Management Consulting L.P. (Limited Partnership) /天津金谛企业管理咨询合伙 企业(有限合 伙) Tianjin 1587700 H Shares 1.74% 0.96% June 27 2025 Jinyong Enterprise Management Consulting L.P. (Limited Partnership) /天津金咏企业管理咨询合伙 企业(有限合 伙) Tianjin Jinli 1256100 H Shares 1.37% 0.76% June 27 2025 Enterprise Management Consulting L.P. (Limited Partnership) /天津金莅企业 管理咨询合伙企业(有限合 伙) Subtotal 121427100 60.57% 73.59% (including 55371710 H Shares) The expiry date of the lock-up period shown in the table above is pursuant to applicable PRC law.Pre-IPO Investors Name Number of % of total % of Last day subject shares held in issued H shareholding in to the lock-up the Company Shares after the the Company undertakings subject to lock- Global Offering subject to lock- up subject to lock- up undertakings up undertakings upon listing undertakings upon listing upon listing (assuming the (assuming the Over-allotment Over-allotment Option is not Option is not exercised) exercised) Chen Guodong / 15072900 8.24% 9.13% June 27 2025 陈国栋 (including 7536450 H Shares) Xiamen Heiyi 2655800 H 2.91% 1.61% June 27 2025 No. 3 Equity Shares Investment Partnership (Limited Partnership) /厦门黑蚁三号股权投资合伙 企业(有限合伙) Suzhou Yimei 2121700 H 2.32% 1.29% June 27 2025 Investment Shares Partnership (Limited Partnership) /苏州逸美创业投资合伙企业 (有限合伙)Fosun Hanxing 1365000 H 1.49% 0.83% June 27 2025 (Hangzhou) Shares Equity Investment Fund L.P. (Limited Partnership) /复星汉兴（杭州）股权投资基 金合伙企业(有 限合伙) Subtotal 21215400 14.96% 12.86% (including 13678950 H Shares The expiry date of the lock-up period shown in the table above is pursuant to applicable PRC law.Cornerstone Investors Name Number of shares % of total % of Last day held in the Company issued H shareholding subject to the subject to lock-up Shares after in the lock-up undertakings upon the Global Company undertakings listing Offering subject to subject to lock-up lock-up undertakings undertakings upon listing upon listing (assuming the (assuming the Over- Over- allotment allotment Option is not Option is not exercised) exercised) Huang River 6751000 7.38% 4.09% December 27 Investment 2024 Limited China 2025300 2.22% 1.23% December 27 Southern 2024 Asset Management Co. Ltd.CPE Greater 2025300 2.22% 1.23% December 27 China 2024 Enterprises Growth Fund Subtotal 10801600 11.82% 6.55% The expiry date of the lock-up period shown in the table above is pursuant to the relevant Cornerstone Investment Agreement.PLACEE CONCENTRATION ANALYSIS Allotment as % of ·% of total International Allotment as Allotment as issued share Offering % of total % of capital upon (assuming the Offer Shares International Listing Over- Allotment as % (assuming the % of total issued Offering of total Offer Over- share capital (assuming the (assuming no allotment Shares allotment upon Listing Over-allotment exercise of the Option is (assuming no Option is (assuming no Option is Number of Over- exercised and exercise of the exercised and Number of exercise of the exercised and H Shares allotment new H Shares Over- allotment new H Shares Shares held Over-allotment new H Shares Placees allotted Option) are issued) Option) are issued) upon Listing Option) are issued) Top 1 6751000 60.36% 46.43% 30.18% 26.24% 6751000 4.09% 4.01% Top 5 11570200 103.45% 79.58% 51.72% 44.98% 16347700 9.91% 9.71% Top 10 12854700 114.93% 88.41% 57.47% 49.97% 17632200 10.69% 10.47% Top 25 14102500 126.09% 96.99% 63.05% 54.82% 18880000 11.44% 11.21% Notes * Ranking of placees is based on the number of H Shares allotted to the placees.H SHAREHOLDERS CONCENTRATION ANALYSIS % of total issued H Allotment Shares as % of capital Allotment as % of total total upon % of issued H Offer Shares Listing International Shares capital (assuming Offering Allotment (assuming Allotment as the Over-(assuming upon as % of the Over- % of total Offer allotment Listing allotment the Over- International Option is Shares Option is (assuming Offering allotment no exercised Option is (assuming exercised (assuming no no and exercise and exercise of exercised exercise of new H Number of of the new H Number of Number of the Over- and new H the Over- Shares H Shares Over- Shares Shares held H H Shares allotment Shares allotment are held upon allotment are upon Listing Shareholders* allotted Option) arssue Option) issued) Listing Option) issued) Top 1 - 0.00% 0.00% 0.00% 0.00% 45584410 49.86% 48.10% 111639800 Top 5 7135300 63.80% 49.07% 31.90% 27.74% 69384660 75.90% 73.21% 142976500 Top 10 11185900 100.01% 76.93% 50.01% 43.48% 78980460 86.39% 83.33% 152572300 Top 25 13687600 122.38% 94.14% 61.19% 53.21% 82738260 90.50% 87.30% 156330100 Notes * Ranking of H Shareholders is based on the number of H Shares held by the H Shareholders upon Listing.SHAREHOLDER CONCENTRATION ANALYSIS % of total Allotment Allotment issued share as % of as % of capital Internationa total Offer upon Allotment l Offering Allotment Shares % of total Listing as % of (assuming as % of (assuming issued share (assuming Internationa the Over- total Offer the Over- capital upon the Over- l Offering allotment Shares allotment Listing allotment (assuming Option is (assuming Option is (assuming Option is Number no exercise exercised no exercise exercised Number of Number of no exercise exercised of H of the Over- and new H of the Over- and new H H Shares Shares held of the Over- and new H Shareho Shares a allotment Shares are allotment Shares are held upon upon allotment Shares are lders llotted Option) issued) Option) issued) Listing Listing Option) issued) Top 1 0 0.00% 0.00% 0.00% 0.00% 45584410 111639800 67.66% 66.31% Top 5 71353 63.80%49.07%31.90%27.74%6938466014297650086.65%84.92% 00 Top 10 11185 100.01%76.93%50.01%43.48%7898046015257230092.46%90.62% 900 Top 25 13687 122.38%94.14%61.19%53.21%8273826015633010094.74%92.85% 600 Notes * Ranking of Shareholders is based on the number of Shares (of all classes) held by the Shareholder upon Listing.BASIS OF ALLOCATION UNDER THE HONG KONG PUBLIC OFFERING Subject to the satisfaction of the conditions set out in the Prospectus valid applications made by the public will be conditionally allocated on the basis set out below: APPROXIMATE PERCENTAGE ALLOTTED OF THE NO. OF H SHARES NO. OF VALID BASIS OF TOTAL NO. OF H SHARES APPLIED FOR APPLICATIONS ALLOTMENT/BALLOT APPLIED FOR 100 8000 0 H Shares 3.39% 100 281 100 H Shares 200 5111 0 H Shares 3.38% 200 371 100 H Shares 300 530 0 H Shares 3.34% 300 59 100 H Shares 400 288 0 H Shares 3.31% 400 44 100 H Shares 500 635 0 H Shares 3.29% 500 125 100 H Shares 600 173 0 H Shares 3.26% 600 42 100 H Shares 700 113 0 H Shares 3.23% 700 33 100 H Shares800 157 0 H Shares 3.20% 800 54 100 H Shares 900 129 0 H Shares 3.19% 900 52 100 H Shares 1000 5811 0 H Shares 3.16% 1000 2686 100 H Shares 1500 216 0 H Shares 3.16% 1500 195 100 H Shares 2000 903 0 H Shares 3.15% 2000 1538 100 H Shares 2500 81 0 H Shares 3.15% 2500 299 100 H Shares 3000 38 0 H Shares 3.14% 3000 622 100 H Shares 3500 170 100 H Shares 3.14% 3500 19 200 H Shares 4000 276 100 H Shares 3.13% 4000 93 200 H Shares 4500 470 100 H Shares 3.13% 4500 325 200 H Shares 5000 408 100 H Shares 3.13% 5000 531 200 H Shares 6000 48 100 H Shares 3.13% 6000 353 200 H Shares 7000 210 200 H Shares 3.13% 7000 50 300 H Shares 8000 145 200 H Shares 3.13% 8000 149 300 H Shares 9000 28 200 H Shares 3.13% 9000 126 300 H Shares 10000 1991 300 H Shares 3.13% 10000 298 400 H Shares 20000 2132 600 H Shares 3.13% 20000 750 700 H Shares 30000 299 900 H Shares 3.13% 30000 199 1000 H Shares 40000 120 900 H Shares 2.41% 40000 224 1000 H Shares 50000 96 900 H Shares 1.93% 50000 185 1000 H Shares 60000 58 900 H Shares 1.61% 60000 112 1000 H Shares 70000 41 900 H Shares 1.38% 70000 86 1000 H Shares 80000 31 900 H Shares 1.21% 80000 71 1000 H Shares 90000 15 900 H Shares 1.08% 90000 36 1000 H Shares100000 70 900 H Shares 0.98% 100000 286 1000 H Shares 150000 2132 1000 H Shares 0.67% 200000 107 1200 H Shares 0.63% 200000 137 1300 H Shares 250000 54 1400 H Shares 0.59% 250000 160 1500 H Shares 300000 34 1700 H Shares 0.59% 300000 78 1800 H Shares 350000 44 2000 H Shares 0.59% 350000 81 2100 H Shares 400000 34 2300 H Shares 0.59% 400000 50 2400 H Shares 450000 14 2600 H Shares 0.59% 450000 15 2700 H Shares 500000 46 2900 H Shares 0.59% 500000 46 3000 H Shares 600000 35 3500 H Shares 0.59% 600000 22 3600 H Shares 700000 14 4100 H Shares 0.59% 700000 6 4200 H Shares 800000 32 4700 H Shares 0.59% 800000 8 4800 H Shares 900000 8 5300 H Shares 0.59% 972600 142 5700 H Shares 0.59% 972600 88 5800 H Shares Total 42474 11184500 H Shares As of the date of this announcement the relevant subscription monies previously deposited in the designated nominee accounts have been remitted back to the accounts of all HKSCC participants. Investors should contact their relevant brokers for any inquiries.COMPLIANCE WITH LISTING RULES AND GUIDANCE The Directors confirm that except for the Listing Rules that have been waived and/or in respect of which consent has been obtained the Company has complied with the Listing Rules and guidance materials in relation to the placing allotment and listing of the Company’s shares.The Directors confirm that to the best of their knowledge no rebate has been directly or indirectly provided by the Company its Controlling Shareholders Directors or syndicate members to any placees or the public (as the case may be) and the consideration payable by them for each Offer Share subscribed for or purchased by them was the same as the Offer Price in addition to any brokerage AFRC transaction levy SFC transaction levy and trading fee payable.DISCLAIMERS Hong Kong Exchanges and Clearing Limited The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) and Hong Kong Securities Clearing Company Limited (“HKSCC”) 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 does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of Offer Shares in any jurisdiction in which such offer solicitation or sales would be unlawful. This announcement is not for release publication distribution directly or indirectly in or into the United States (including its territories and possessions any state of the United States and the District of Columbia). This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities mentioned herein have not been and will not be registered under the United States Securities Act of 1933 as amended from time to time (the “U.S. Securities Act”). The securities may not be offered or sold in the United States except pursuant to an exemption from or not subject to the registration requirements of the U.S.Securities Act. The Company has not intended and does not intend to make any public offer of securities in the United States.The Offer Shares are being offered and sold outside the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act.This announcement is for information purposes only and does not constitute an offer or an invitation to induce an offer to acquire purchase or subscribe for any securities of the Company. This announcement is not a prospectus. Potential investors should read the Prospectus for detailed information about the Company and the Global Offering described below before deciding whether or not to invest in the Offer Shares.# Potential investors of the Offer Shares should note that the Sole Overall Coordinator (for itself and on behalf of the Hong Kong Underwriters) can in its sole and absolute discretion terminate the Hong Kong Underwriting Agreement with immediate effect upon theoccurrence of any of the events set out in the section headed “Underwriting – UnderwritingArrangements – Hong Kong Public Offering – Grounds for Termination” in the Prospectus at any time prior to 8:00 a.m. (Hong Kong time) on the Listing Date (which is currently expected to be on June 28 2024)PUBLIC FLOAT Immediately after the completion of the Global Offering 45835150 H Shares representing approximately 27.78% of the issued share capital of our Company will count towards the public float (assuming the Over-allotment Option is not exercised) satisfying the minimum percentage prescribed by Rule 8.08 of the Listing Rules.The Directors confirm that immediately following completion of the Global Offering: (i) at least 25% of the total number of issued Shares will be held by the public in compliance with Rule 8.08(1) of the Listing Rules; (ii) the H Shares will be held by at least 300 Shareholders at the time of Listing in compliance with Rule 8.08(2) of the Listing Rules; (iii) the three largest public Shareholders will not hold more than 50% of the Shares held in public hands at the time of Listing in compliance with Rule 8.08(3) of the Listing Rules; (iv) no placee will individually be placed more than 10% of the enlarged issued share capital of the Company immediately after the Global Offering; and (v) there will not be any new substantial Shareholder (as defined in the Listing Rules) of the Company.COMMENCEMENT OF DEALINGS H Share certificates will only become valid evidence of title at 8:00 a.m. on Friday June 28 2024 (Hong Kong time) provided that the Global Offering has become unconditional and the right of termination described in the section headed “Underwriting” in the Prospectus has not been exercised. Investors who trade H Shares prior to the receipt of H Share certificates or the H Share certificates becoming valid evidence of title do so entirely at their own risk.Assuming that the Global Offering becomes unconditional at or before 8:00 a.m. in Hong Kong on Friday June 28 2024 it is expected that dealings in the H Shares on the Hong Kong Stock Exchange will commence at 9:00 a.m. on Friday June 28 2024. The H Shares will be traded in board lots of 100 H Shares each and the stock code of the H Shares will be 6181.By order of the Board Laopu Gold Co. Ltd.*老铺黄金股份有限公司 Xu Gaoming Chairman and Executive Director Hong Kong June 27 2024 As at the date of this announcement the Board of Directors of the Company comprises (i) Mr.Xu Gaoming Mr. Feng Jianjun Mr. Xu Rui and Mr. Jiang Xia (effective upon Listing Date) as executive directors; and (ii) Mr. Sun Yijun Dr. He Yurun and Mr. See Tak Wah (effective upon Listing Date) as independent non-executive directors.* For identification purpose only 3