Fei Wo Tai: Controlling shareholder plans to inquire about transferring 3% of the shares.

FavoredTech Corporation Limited announced that its controlling shareholder intends to transfer a total of 10,064,170 shares, accounting for 3.00% of the total share capital, due to its own capital needs. As of November 5, 2025, the transferor holds 208,533,334 shares, accounting for 62.16% of the total share capital. This transfer of shares will not be conducted through centralized bidding or bulk trading, and the transferee must be an institutional investor who is not allowed to transfer the shares within 6 months. The minimum transfer price shall not be less than 70% of the average trading price of the stock for the 20 trading days prior to November 5. This transfer does not result in a change in control of the company, but there are implementation risks.