CARLINK TECH (02531) responds to the highly concentrated ownership of equity, stating that the public shareholding is not less than 25%.

CARLINK TECH (02531) announcement, the Company noted that the Securities and Futures Commission (SFC) issued an announcement on January 15, 2025 (SFC Announcement). As disclosed in the SFC Announcement, the SFC recently inquired about the equity distribution of the Company. The inquiry results showed that as of January 2, 2025, there were 20 shareholders (including 3 executive directors of the Company) collectively holding 348 million shares, equivalent to 94.94% of the issued shares. Therefore, only 18.5595 million shares (5.06% of the issued shares) were held by other shareholders. The Board of Directors of the Company hereby clarifies that the above information is excerpted from the SFC Announcement. Apart from (i) shares indirectly held by executive directors as disclosed on the HKEX website and (ii) information provided in paragraphs (a) to (c) above, the Company has not independently verified the information. For details, please refer to the SFC Announcement. Based on the available information and after all reasonable inquiries by the Board of Directors, the Company confirms that as of January 2, 2025, and the date of this announcement, at least 25% of the Company's issued shares are held by the public, and the Company can comply with the public shareholding requirements under the Listing Rules of the HKEX.