Kowloon Holding: Disclosure of reply to inquiry letter on issuance of shares to specific parties

Kohua Holdings announced that on March 6, 2026, the company received a "Review Inquiry Letter" from the Shanghai Stock Exchange. After studying and implementing the questions listed with the intermediary institution, the company will publicly disclose the replies to the inquiry letter as required. The issuance of A shares to specific entities still requires approval from the Shanghai Stock Exchange and approval from the China Securities Regulatory Commission before it can be implemented. The final outcome of the review and the timeline are uncertain.