RIVERINE CHINA (01417) responded to the concentration of shareholding, stating that the company has maintained sufficient public shareholding.

RIVERINE CHINA (01417) issued an announcement stating that the Securities and Futures Commission (SFC) has published an announcement on September 1, 2026 (SFC Announcement). As disclosed in the SFC Announcement, the SFC recently made inquiries regarding the shareholding distribution of the company. The results of the SFC's inquiry revealed that as of August 14, 2026, (i) twenty shareholders collectively held 62,422,114 shares of the company, accounting for 15.41% of the issued shares; (ii) a total of 11,700,080 shares (representing 2.89% of the issued shares) were registered in the company's Hong Kong shareholders' register as held by Hong Kong Securities Clearing Company Limited but were not settled in the Central Clearing and Settlement System (Central Clearing System); (iii) the relevant shares, along with 300,178,000 shares held by two of the companys major shareholders (representing 74.12% of the issued shares), accounted for 92.42% of the issued shares. Therefore, only 30,699,806 shares (representing 7.58% of the issued shares) were held by other shareholders. As mentioned in the SFC Announcement: (a) The closing price of the shares increased by 4,015% from HKD 0.20 on May 12, 2026, to HKD 8.23 on August 14, 2026. (b) As of August 31, 2026, the share price closed at HKD 7.48, up 3,640% from the closing price of HKD 0.20 on May 12, 2026. The companys board of directors hereby clarifies that the above information is extracted from the SFC Announcement, and the company has not independently verified such information, except for the following: (i) according to the latest disclosures of interest filed under Section XV of the Securities and Futures Ordinance (Cap 571), shares held by Mr. Sun Taoyong through Yomi.sun Holding Limited and shares held by Mr. Yang Xingyun through Lucky Yang Limited; and (ii) the information contained in paragraphs (a) and (b) above. Please refer to the SFC Announcement for details. The company will conduct further investigations regarding the shareholding matters cited in the SFC Announcement and will, as soon as practicable, issue further announcements to provide the market with updated information after the investigation is completed. Based on available information and after making all reasonable inquiries, the directors confirm that, as of August 14, 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 sufficient public float as required under the Listing Rules of the Stock Exchange of Hong Kong Limited.