SHEUNG MOON(08523): No formal or legally binding agreement has been reached with potential subscribers regarding possible subscription matters.

SHEUNG MOON (08523) announced that as of the date of this announcement, negotiations with a potential subscriber regarding a possible subscription matter are still ongoing. The company has not reached any formal or legally binding agreement with the potential subscriber on the possible subscription matter. As of the date of this announcement, the company has not received any clear intention from the potential subscriber to proceed with the possible subscription matter, nor has the company received any notification from the potential subscriber deciding not to proceed with the possible subscription matter. Therefore, the possible subscription matter may not necessarily proceed.