SDHS NEW ENERGY (01250) is exempted from strict compliance with the minimum public shareholding requirement.

SDHS NEW ENERGY (01250) announced that following the completion of the tender offer, a total of 82.9365 million shares were successfully transferred to the tender offeror. As a result, 479 million shares of the company, representing approximately 21.31% of the total issued share capital of the company, are held by the public (as defined in the Listing Rules). Therefore, as of the announcement date, the minimum public float requirement of 25% stipulated in Listing Rules 8.08(1)(a) and 13.32(1) was not met. Necessary steps will be taken to ensure that there is a sufficient public float. After the tender offer, the company has applied to the Stock Exchange for a temporary waiver of the requirements of Listing Rules 8.08(1)(a) and 13.32(1) to strictly comply with the rules. On March 6, 2025, the Stock Exchange granted a waiver from the end date (February 18, 2025) until May 17, 2025 (inclusive of both days). However, the waiver (including details and reasons) must be disclosed by publishing this announcement. If there are changes in the company's circumstances, the Stock Exchange may revoke or amend the waiver.