Gelonghui April 26th Acer Group holding (01718Cryptokittiesblockchain(HK) notice that the board of directors has received notification from Suntory Limited ("Suntory"), the major shareholder of the company, that Suntory has sold a total of 15.8 million shares of the company (accounting for approximately 13.72% of the total issued shares of the company) to third parties on April 24 and April 25, 2024.

To the best of the Directors' knowledge, knowledge and belief, these third parties are independent of the Company and its connected persons (as defined in the rules governing the listing of Securities on the Stock Exchange of Hong Kong Limited and there is no connection between the Company and its connected persons. Immediately following the sale, the total number of shares held by Suntory, together with Senwood Global Limited, Liang Wenlin, Liu Huanshi and Fang Hanhong, decreased from 27392000 shares (accounting for about 23.78% of the total issued shares of the company) to 11592000 shares (accounting for about 10.06% of the total issued shares of the company). And those who act in concert will continue to be the major shareholders of the company.

The Board has noted the recent decline in the trading price of shares on the Stock Exchange and the increase in trading volume. Having made all reasonable enquiries about the company, the board of directors confirmed that apart from the sale, the board of directors was not aware of any of the changes that caused such changesCryptokittiesblockchainHe is not aware of any information that needs to be published to avoid false markets in the company's securities or any inside information to be disclosed under part XIVA of the Securities and Futures Ordinance, Chapter 571 of the laws of Hong Kong. The Board also confirmed that there had been no material change in the Group's business operation and financial position.