FORM 2 - Corporate Substantial Shareholder Notice
 
Form Serial Number: CS20260724E00540 
1. Date of relevant event: 22/07/2026
(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: 09911
4. Name of listed corporation: Newborn Town Inc. 
5. Class of shares: Ordinary Shares 
6. Number of issued shares in class: 1,403,002,391
7. Name of substantial shareholder: TMF Trust (HK) Limited 
8. Registered office: 31/F., Tower Two, Times Square, 1 Matheson Street, Causeway Bay, Hong Kong
9. Principal place of business in Hong Kong: 31/F., Tower Two, Times Square, 1 Matheson Street, Causeway Bay, Hong Kong 
15. Exchange on which listed:
16. Name of listed parent and exchange on which parent is listed:  
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
1213The percentage level of your interest in the shares has reduced because:
any other event (you must briefly describe the relevant event in the Supplementary Information box)
2301Trustee
2301Trustee
18,717,049
Short position 
 
 
 
           
18. Total shares immediately before the relevant event:
 Total number of sharesPercentage figure (%)
Long position159,665,31811.38
19. Total shares immediately after the relevant event:
 Total number of sharesPercentage figure (%)
Long position140,948,26910.05
20. Capacity in which interests disclosed in Box 19 are held:
Capacity codeNumber of shares
2301Trustee
Long position140,948,269

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
Bridge Partners LimitedVistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin IslandsTMF Trust (HK) Limited100.00Y
Long position10,493,430
Three D Partners LimitedVistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin IslandsTMF Trust (HK) Limited100.00Y
Long position111,067,301
JJQJ Partners LimitedVistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin IslandsTMF Trust (HK) Limited100.00Y
Long position19,387,538

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
Bridge Partners TrustAddresses of individuals are not displayed.
5101Trustee of a trust
Long position10,493,430
Three D Partners TrustAddresses of individuals are not displayed.
5101Trustee of a trust
Long position111,067,301
JJQJ TrustAddresses of individuals are not displayed.
5101Trustee of a trust
Long position19,387,538
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: A trust distribution of total 18,717,049 shares of Newborn Town Inc. (the "Listed corporation") was made via Three D Partners Limited and JJQJ Partners Limited in which both are directly and wholly owned by TMF Trust (HK) Limited as trustee of employee benefit trusts to various employees of the Listed Corporation on 21 July 2026 and 22 July 2026 respectively.
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: 24/07/2026
(dd/mm/yyyy)