NEWAY GROUP (00055) subsidiary intends to sell a total of two printing machines and one offset printing machine.

NEWAY GROUP (00055) announced that on June 19, 2025, Seller A, Mega Printing (China) Co., Ltd. (a wholly-owned subsidiary of the Company), entered into Sales Contract A with Buyer Dongguan Bologna Printing Equipment Co., Ltd. to sell a printing machine at a contract price of RMB 2.08 million. On the same day, Seller B, Xingda Mega Printing (Shenzhen) Co., Ltd. (a wholly-owned subsidiary of the Company), entered into Sales Contract B with a buyer to sell a printing machine and a offset printing machine, with a total contract price of RMB 1 million. Machine A is a 2001 Mitsubishi printing machine (model: 5F-104). Machine B is a 2001 Heidelberg printing machine (model: CD-102). Machine C is a 2002 Mitsubishi Diamond Series six-color offset printing machine (model: D/3000S). Considering that these machines were purchased by the Group between 2001 and 2002, and had a net book value of approximately HK$111,000 as of May 31, 2025, the directors believe that the sale provides the Group with an opportunity to realize the value of these old machines and generate additional operational funding for the Group. The sale will not have a significant impact on the Group's business operations. The directors believe that the terms of Sales Contract A and Sales Contract B are standard commercial terms, fair and reasonable, and that the sale is in the overall interest of the Company and its shareholders.