CSMALL (01815) is proposed to be renamed "Everest Gold".

CSMALL(01815) announced that the board of directors recommends changing the company's English name from "CSMall Group Limited" to "Mount Everest Gold Group Company Limited"; and changing the company's Chinese dual foreign name from "CSMALL" to "". Currently, the group is a leading integrated internet jewelry retailer in China as Wuxi Online Offline Communication Information Technology Co., Ltd., with a business division, namely the jewelry new retail business division, which designs and sells gold, silver, colored gemstones, gemstones, and other jewelry products in China. As disclosed in the interim performance announcement for the six months ended June 30, 2024, dated August 30, 2024, the jewelry new retail business division contributed over 97% of the group's revenue. The recommendation to change the company's name is to demonstrate the group's long-term focus on gold-related operations in China, and also to reflect the group's expansion into mining exploration activities related to gold in the Himalayan mountains near Mount Everest. Therefore, the board of directors believes that the proposed name change will provide the company with a clearer corporate image and identity, which will be beneficial for the group's future business development and in line with the overall best interests of the company and its shareholders.