• New City Development issued a supplemental clarification on proceeds from its January 2025 subscription of 21,000,000 new shares at HK$0.33 each.
• Net proceeds totaled HK$ 6.63 million.
• All HK$ 6.63 million was used for general working capital during the year ended Dec. 31, 2025.
• No unutilized balance remained as of Dec. 31, 2025.

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. New City Development Group 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-20260817-12286366), on August 17, 2026, and is solely responsible for the information contained therein.