Congratulations to Chuangxin Industries Holdings Limited （2788.HK） on its Successful Listing

Congratulations to Chuangxin Industries Holdings Limited （2788.HK） on its successful Listing on the Mainboard of HKSE on 24 Nov 2025.

Chuangxin Industries Holdings Limited (“Chuangxin Industries”) focuses on alumina refining and aluminum smelting within the upstream of the aluminum industry chain. The aluminum industry chain mainly consists of upstream aluminum production and downstream aluminum alloy processing. Upstream aluminum production primarily comprises three stages: bauxite mining, alumina refining and aluminum smelting.

With regard to this listing application, AVISTA Group is honored to be engaged in providing valuation services in relation to expected credit loss.

Congratulations again Chuangxin Industries Holdings Limited （2788.HK） on its successful listing. The issue price of the shares is  HKD 10.99 per share, and the amount of funds raised is HKD 5,495 million.