MSW Overview

Board Changes: Ming Shing Group Holdings Limited announces the resignation of independent director Yu Yuan for personal reasons and the appointment of Wan-Jung Sun, who has over 10 years of business administration experience, to the Board of Directors.

Company Mission: Ming Shing aims to become the leading wet trades works service provider in Hong Kong, focusing on quality services in plastering, tile laying, brick laying, floor screeding, and marble works.

Experience of New Director: Wan-Jung Sun has held various managerial positions, including roles at Ruiying Japan Co., Ltd. and Imperial Pacific International, and holds a Bachelor of Science from the Chihlee Institute of Technology.

Forward-Looking Statements: The company includes forward-looking statements in its announcements, cautioning investors about potential risks and uncertainties that may affect future results.

Investment in Bitcoin: Ming Shing Group Holdings Limited announced that its subsidiary, Lead Benefit (HK) Limited, purchased 333 Bitcoins for approximately US$27 million as a short-term investment to enhance asset growth and capitalize on potential appreciation in the Bitcoin market.

Company Overview: Ming Shing is focused on wet trades works in Hong Kong and aims to become a leading service provider in this sector while also exploring further growth opportunities through strategic investments.

Ming Shing's Bitcoin Investment: Ming Shing’s Lead Benefit acquired 333 Bitcoins at an average price of $81,555 each, totaling around $27 million, as part of a strategy to utilize idle funds for short-term investment and asset appreciation.

Company Structure and Strategy: Lead Benefit was established in December 2024 with Ming Shing as the sole shareholder, and it aims to leverage the liquidity of the Bitcoin market to support its wet trade works business if necessary.