Eternal Spirit Holdings (02523) has decided that it will not proceed with a global offering and listing at the moment.

Eternal Tool Holdings (02523) announced that the company has decided not to proceed with the global offering and listing at this time. After consulting with the coordinator and carefully considering the situation, the company has decided not to proceed with the global offering and listing at this time, and will explore potential options. Therefore, the international underwriting agreement for the international offering will not be executed, and the Hong Kong underwriting agreement for the Hong Kong public offering will not become unconditional. The company has noted that the shares offered in Hong Kong have been oversubscribed. The company would like to thank investors who have shown interest in the company and supported during the global offering period.