• Wang He launched a voluntary cash partial offer for 56,320,200 China Tontine Wines shares, targeting about 18.68% of issued capital.
• Offeror group held 33,839,800 shares, or about 11.22%, at the time of the offer announcement.
• Trading was halted on Aug. 7; resumption is scheduled for 9 a.m. on Aug. 24.
• An independent board committee has been formed; an independent financial adviser is set to be appointed.

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 Tontine Wines Group Limited 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-20260821-12294289), on August 21, 2026, and is solely responsible for the information contained therein.