FORM 2 - Corporate Substantial Shareholder Notice
 
Form Serial Number: CS20260615E00330 
1. Date of relevant event: 11/06/2026
(dd/mm/yyyy)
2. Date when the substantial shareholder becomes aware of the relevant event / interest in the shares (if later):
(dd/mm/yyyy)
3. Stock code: 06086
4. Name of listed corporation: Fangzhou Inc. 
5. Class of shares: Ordinary Shares 
6. Number of issued shares in class: 1,385,448,457
7. Name of substantial shareholder: Ares Partners Holdco LLC 
8. Registered office: Brandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, Delaware, USA 19803
9. Principal place of business in Hong Kong: N/A 
15. Exchange on which listed: N/A
16. Name of listed parent and exchange on which parent is listed: N/A 
17. Details of relevant event:
  Brief description of relevant event Capacity in which shares were/are held Number of shares bought/sold or involved Currency of transaction On Exchange Off Exchange
Before relevant event After relevant event Highest price (per share) Average price (per share) Average consideration (per share) Nature of consideration
Long position
1001You first acquire a notifiable interest because:
you purchased the shares
2201Interest of corporation controlled by you
437,443,815
Short position 
 
 
 
           
18. Total shares immediately before the relevant event:
 Total number of sharesPercentage figure (%)
Long position00.00
19. Total shares immediately after the relevant event:
 Total number of sharesPercentage figure (%)
Long position437,443,81531.57
20. Capacity in which interests disclosed in Box 19 are held:
Capacity codeNumber of shares
2201Interest of corporation controlled by you
Long position437,443,815

21. Further information in respect of derivative interests:
Derivatives codeNumber of shares
  
22. Further information in relation to interests of corporations controlled by substantial shareholder:
Name of controlled corporationAddress and place of incorporationName of controlling person% controlDirect interest (Y/N)Number of shares
Ares Management GP LLCBrandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, Delaware, USA 19803 (Delaware)Ares Partners Holdco LLC100.00N
Long position437,443,815
Ares Management CorporationBrandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, Delaware, USA 19803 (Delaware)Ares Management GP LLC70.38N
Long position437,443,815
Ares Holdco LLCBrandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, Delaware, USA 19803 (Delaware)Ares Management Corporation100.00N
Long position437,443,815
Ares Holdings L.P.Brandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, Delaware, USA 19803 (Delaware)Ares Holdco LLC67.87N
Long position437,443,815
AS Holdings LP Ltd.PO Box 309, Ugland House, Grand Cayman, KY1-1104, Cayman Islands (Cayman Islands)Ares Holdings L.P.100.00N
Long position437,443,815
Ares Management Asia Holdings, L.P.Brandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, Delaware, USA 19803 (Delaware)AS Holdings LP Ltd.100.00N
Long position437,443,815
AS Holdings GP LLCBrandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, Delaware, USA 19803 (Delaware)AS Holdings LP Ltd.100.00N
Long position437,443,815
Ares Management Asia Holdings, L.P.Brandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, Delaware, USA 19803 (Delaware)AS Holdings GP LLC0.00N
Long position437,443,815
Ares Management Asia (Holdings) LimitedWalkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman, KY1-9008, Cayman Islands (Cayman Islands)Ares Management Asia Holdings, L.P.100.00N
Long position437,443,815
Ares Eclipse Merger Sub, LLCBrandywine Plaza, 1521 Concord Pike, Suite 201, Wilmington, Delaware, USA 19803 (Delaware)Ares Management Asia (Holdings) Limited100.00N
Long position437,443,815
Crescent Institutional Investment Management LtdWalkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands (Cayman Islands)Ares Eclipse Merger Sub, LLC100.00N
Long position115,165,045
Crescent Capital Investments LtdWalkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands (Cayman Islands)Ares Eclipse Merger Sub, LLC100.00N
Long position322,278,770
Crescent ACSO Institutional Holdings I Pte. Ltd.10 Collyer Quay, #34-01, Ocean Financial Centre, Singapore 049315 (Singapore)Crescent Institutional Investment Management Ltd100.00N
Long position115,165,045
Crescent Trident Singapore Pte. Ltd.10 Collyer Quay, #34-01, Ocean Financial Centre, Singapore 049315 (Singapore)Crescent ACSO Institutional Holdings I Pte. Ltd.100.00Y
Long position115,165,045
AP eTech Holdings LtdWalkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands (Cayman Islands)Crescent Capital Investments Ltd.100.00N
Long position57,696,515
AP eTech Investments LtdWalkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands (Cayman Islands)AP eTech Holdings Ltd100.00N
Long position57,696,515
Asia Pac e-Commerce Opportunities Pte. Ltd.77 Robinson Road, #13-00, Robinson 77, Singapore 068896 (Singapore)AP eTech Investments Ltd100.00Y
Long position57,696,515
PharmaTech Holdings II LtdWalkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands (Cayman Islands)Crescent Capital Investments Ltd.100.00N
Long position126,151,645
Tech-Med Holdings III LtdWalkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands (Cayman Islands)Crescent Capital Investments Ltd.100.00N
Long position138,430,610
PharmaTech Investments II LtdWalkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands (Cayman Islands)PharmaTech Holdings II Ltd84.51N
Long position126,151,645
Tech-Med Cayman III Ltd.Intertrust Corporate Services (Cayman) Limited, One Nexus Way, Camana Bay, Grand Cayman KY1-9005, Cayman Islands (Cayman Islands)Tech-Med Holdings III Ltd100.00N
Long position138,430,610
Tech-Med Investments (S) Pte. Ltd.261 Waterloo Street, #02-30, Waterloo Centre, Singapore 180261 (Singapore)Tech-Med Cayman III Ltd.100.00Y
Long position138,430,610
CP PharmaTech Singapore Pte. Ltd.261 Waterloo Street, #02-30, Waterloo Centre, Singapore 180261 (Singapore)PharmaTech Investments II Ltd100.00Y
Long position126,151,645

23. Further information in relation to interests held by substantial shareholder jointly with another person:
Name of joint shareholderAddressNumber of shares
 
24. Further information from a trustee, a beneficiary of a trust, or a person who set up a discretionary trust:
Names of trustAddressStatus codeNumber of shares
  
25. Further information from a party to an agreement under Section 317 (Please see Notes for further information required):
Names of other partiesAddressNumber of shares
 
Total number of shares in which a substantial shareholder is interested under sections 317 and 318
26. Details of person(s) in accordance with whose directions the substantial shareholder or its directors are accustomed to act:
NamesAddressRelationship CodePercentage (%)
  
 
27. Supplementary information: Effective from 10 June 2026, Tech-Med Investments (S) Pte. Ltd. appointed Mr. Zhou Feng, an executive director of Fangzhou Inc., jointly as its attorney and proxy to exercise the voting rights in respect of 54,000,000 ordinary shares of Fangzhou Inc. held by Tech-Med Investments (S) Pte. Ltd.
28. Log/Serial Number of the previous form:
29. Number of concert party document(s) under section 317 attached/uploaded:
Date of filing this Form 2: 15/06/2026
(dd/mm/yyyy)