DESUN SERVICES (02270) responded to the concentration of equity, stating that the company has maintained a sufficient level of public shareholding.

DESUN SERVICES (02270) announced that the Company has noted the Securities and Futures Commission (SFC) published an announcement on August 4, 2026 (SFC Announcement). According to the SFC Announcement, the SFC recently conducted an inquiry regarding the Company's shareholding distribution. The inquiry results showed that as of July 21, 2026, there were eighteen shareholders holding a total of 204,945,200 shares (Shares) of the Company, which accounted for 33.04% of the Company's issued capital. This shareholding, along with the 412,415,000 shares held by the Company's controlling shareholders (which accounted for 66.49% of the issued capital), represented a total of 99.53% of the Company's issued capital. Consequently, only 2,899,000 shares (0.47% of the issued capital) were held by other shareholders. The SFC Announcement further pointed out that: (a) the closing price of the Company's shares rose by 92.3% from HK$3.90 on July 2, 2026, to HK$7.50 on July 21, 2026. (b) On August 3, 2026, the Company's share price closed at HK$7.50, which was 92.3% higher than the closing price of HK$3.90 on July 2, 2026. The Board of Directors of the Company hereby clarifies that the above information is an excerpt from the SFC Announcement, and apart from (i) the shares held by Mr. Zhou Kang (through Sky Donna Holding Limited) and Ms. Zhou Jian (through Pengna Holding Limited) as disclosed in the latest available interest disclosure notice filed under Part XV of the Securities and Futures Ordinance (Cap. 571) of Hong Kong; and (ii) the information mentioned in paragraphs (a) to (b) above, the Company has not independently verified such information. Based on available information and after making all reasonable inquiries, the Directors confirm that, as of July 31, 2026, and the date of this announcement, not less than 25% of the issued shares are held by the public, and the Company has maintained the required public float as per the listing rules of the Stock Exchange.