Yeebo International : INSIDE INFORMATION CHANGES IN SHAREHOLDING IN CONTROLLING SHAREHOLDER

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

YEEBO (INTERNATIONAL HOLDINGS) LIMITED

(Incorporated in Bermuda with limited liability)

(Stock Code: 259)

INSIDE INFORMATION

CHANGES IN SHAREHOLDING IN CONTROLLING SHAREHOLDER

The Company was informed on 26 April 2021 that there were certain changes in the shareholding of Antrix. The major asset of Antrix is the holding of 570,000,000 Shares, representing approximately 57.02% of the total issued share capital of the Company. Pursuant to the Restructuring, the shareholding of Esca in Antrix has changed from 58.30% to 60.88%, the shareholding of Megastar in Antrix has changed from 41.70% to 30.53% and Mr Chen has become a new shareholder of Antrix holding 8.59% of its shareholding.

This announcement is made by the Company pursuant to Rule 13.09 of the Listing Rules and the Inside Information Provisions under Part XIVA of the SFO.

THE RESTRUCTURING

The Company was informed on 26 April 2021 that there were certain changes in the shareholding of Antrix. The major asset of Antrix is the holding of 570,000,000 Shares, representing approximately 57.02% of the total issued share capital of the Company. Pursuant to the Restructuring, the shareholding of Esca in Antrix has changed from 58.30% to 60.88%, the shareholding of Megastar in Antrix has changed from 41.70% to 30.53% and Mr Chen has become a new shareholder of Antrix holding 8.59% of its shareholding.

SHAREHOLDING STRUCTURE

The following diagrams set out the shareholding structure of the Company before and immediately after the Restructuring.

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Immediately before the Restructuring

Mr K Fang		Spouse and children		Mr Li		Mr Leung		Public
	of Mr K Fang
1%	99%			0.25%		26.27%

Fang Brothers	100%
100%	Megastar
Esca
41.70%
58.30%

Antrix
2.01%	14.45%
57.02%

The Company

Immediately after the Restructuring

Mr K Fang		Spouse and children		Mr Chen		Mr Li		Mr Leung		Public
	of Mr K Fang
1%	99%					0.25%		26.27%

Fang Brothers		100%
100%		Megastar
Esca
8.59%	30.53%
60.88%
	Antrix
2.01%	57.02%	14.45%

The Company

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Shareholders of the Company and potential investors are reminded to exercise cautions when dealing in the securities of the Company.

DEFINITIONS
Antrix	Antrix Investment Limited, a company incorporated in the British
	Virgin Islands, which holds 570,000,000 Shares, representing 57.02%
	of the issued share capital of the Company
Company	Yeebo (International Holdings) Limited, a company incorporated in
	Bermuda, the shares of which are listed on the Stock Exchange of Hong
	Kong Limited
Esca	Esca Investment Limited, a company incorporated in the British Virgin
	Islands which, immediately prior to the Restructuring, owned 58.30%
	of the issued share capital of Antrix
Fang Brothers	Fang Brothers Holdings Limited, a company incorporated in the British
	Virgin Islands in which Mr K Fang holds 1% of the issued share capital
	and the other shareholders (including Mr D Fang) are the spouse and
	children of Mr K Fang
Listing Rules	The Rules Governing the Listing of Securities on The Stock Exchange
	of Hong Kong Limited
Megastar	Megastar Venture Limited, a company incorporated in the British
	Virgin Islands which, immediately prior to the Restructuring, owned
	41.70% of the issued share capital of Antrix
Mr Chen	Mr Chen Shuang, a non-executive director of the Company
Mr D Fang	Mr Fang Yan Tak, Douglas, son of Mr K Fang, vice chairman and a
	non-executive director of the Company
Mr K Fang	Mr Fang Hung, Kenneth, the chairman and an executive director of the
	Company
Mr Leung	Mr Leung Tze Kuen, an executive director of the Company
Mr Li	Mr Li Kwok Wai, Frankie, an executive director of the Company
Share(s)	Ordinary share(s) of the Company with a par value of HK$0.20 each

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Restructuring	The restructuring of shareholding in Antrix on 26 April 2021 pursuant
	to which the shareholding of Esca in Antrix has changed from 58.30%
	to 60.88%, the shareholding of Megastar in Antrix has changed from
	41.70% to 30.53% and Mr Chen has become a new shareholder of
	Antrix holding 8.59% of its shareholding
SFO	Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong)

By Order of the Board

Yeebo (International Holdings) Limited

Lau Siu Ki, Kevin

Company Secretary

Hong Kong, 26 April 2021

As at the date of this announcement, the board of directors of the Company comprises Mr Fang Hung, Kenneth, GBS, JP, Mr Li Kwok Wai, Frankie and Mr Leung Tze Kuen as executive directors; Mr Fang Yan Tak, Douglas and Mr Chen Shuang JP as non-executive directors; and Mr Chu Chi Wai, Allan, Mr Lau Yuen Sun, Adrian and Professor Lau Kei May as independent non-executive directors.

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