Chow Tai Fook: Planned to carry out gold forward trading and gold leasing combination business.

Zhou Dasheng announced that a board meeting will be held on January 30, 2026 to review and approve the proposal for conducting gold forward trading and gold leasing combination business. This business aims to avoid the risk of gold leasing price fluctuations and does not engage in speculative arbitrage. The business is limited to gold forward trading varieties on financial institutions and legitimate trading platforms. The total trading volume is expected to not exceed 4000KG by 2026, and the limit can be rolled over for use, using own funds or bank credit, without the need for additional margin. There is a default risk in the business, and the company will conduct transactions with reliable financial institutions, strictly following internal control regulations.