Hong Kong, March 11, 2025 – Ming Shing Group Holdings Limited (NASDAQ: MSW), a Hong Kong-based wet trades specialist aiming to be the region’s leading service provider, has announced a key development.

Ming Shing has announced that its Hong Kong-based subsidiary, Lead Benefit (HK) Limited (“Lead Benefit”), acquired 333 Bitcoins on February 28, 2025, at an average of US$81,555 each, for a total investment of approximately US$27 million. Lead Benefit, established on December 23, 2024, is wholly owned by Lead Benefit International Limited. Lead Benefit International Limited, incorporated in the BVI on December 9, 2024, is wholly owned by Ming Shing. The Bitcoin purchase is intended as a short-term investment using the company’s surplus funds, with the aim of capitalizing on potential Bitcoin price increases and enhancing the company’s asset base. The company views the Bitcoin market as highly liquid, allowing for quick disposal of the Bitcoins to support its wet trades business if necessary.

“Ming Shing is an active wet trade works service provider in Hong Kong,” stated Mr. Wenjin Li, director of Ming Shing. “This Bitcoin investment is intended to boost asset growth. We are committed to creating additional value for our shareholders and are actively exploring avenues for further company growth.”

About Ming Shing Group Holdings Limited

Ming Shing Group Holdings Limited, based in Hong Kong, specializes in wet trades work, including plastering, tiling, bricklaying, floor screeding, and marble work. With the goal of becoming a leading wet trades service provider in both Hong Kong and the United States, the company aims to deliver high-quality services that meet customer standards, requirements, and specifications. The company operates through its two Hong Kong-based subsidiaries, MS (HK) Engineering Limited and MS Engineering Co. Limited. MS (HK) Engineering Limited, a registered subcontractor and specialist trade contractor under the Construction Industry Council’s scheme, handles both private and public sector projects. MS Engineering Co., Limited primarily focuses on private sector projects. More information can be found on the company’s website: .

Forward-Looking Statements

This announcement contains forward-looking statements, which involve risks and uncertainties and are based on the company’s current expectations and projections regarding future events that may affect its financial condition, results of operations, business strategy, and financial needs. These statements can be identified by terms such as “aim”, “anticipate”, “believe”, “estimate”, “expect”, “going forward”, “intend”, “may”, “plan”, “potential”, “predict”, “propose”, “seek”, “should”, “will”, “would” or similar expressions. The company is not obligated to update or revise these statements to reflect new events or changes in expectations, except as required by law. While the company believes these expectations are reasonable, it cannot guarantee their accuracy and advises investors that actual results may differ significantly. Investors are encouraged to review other factors that may influence future results in the company’s registration statement and other SEC filings.

For more information, please contact:

Ming Shing Group Holdings Limited

Investor Relations Department
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