• Privatization of China Energy Storage Technology Development via a scheme of arrangement cleared shareholder votes at a court meeting and EGM on July 15, 2026.
• Scheme vote passed 99.99% in favor, based on 44,573,954 scheme shares cast; 171,289,185 scheme shares are covered by the deal.
• Offeror Fame Castle Enterprises holds 53,000,000 shares, or 23.63%, which are excluded from the scheme.
• Delisting is expected at 4:00 p.m. on Aug. 5, 2026, subject to the scheme becoming effective on Aug. 4, 2026.
• Last day of trading is expected to be July 16, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Energy Storage Technology Development Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260715-12245407), on July 15, 2026, and is solely responsible for the information contained therein.