Jiaheng Home Furnishings: Hangzhou intends to acquire 19,555,200 shares of the target company at a cheap price.

Announcement of Jiaheng Household Chemicals: On December 31, 2025, the controlling shareholder Zeng Bensheng signed a share transfer agreement with Hangzhou Pin Cheap, intending to transfer 19.40% of the shares, totaling 19.55 million shares. On the same day, Zeng Bensheng also signed agreements with Wenzhou Cangxiao and Hangzhou Runyi, acquiring 5.20% and 5.10% of the shares, totaling 5.24 million and 5.14 million shares respectively. The transfer price for the shares is 33.21 yuan per share. Zeng Bensheng will waive the voting rights for the remaining 26.00 million shares, accounting for 25.79%. After this equity change, Hangzhou Pin Cheap, Wenzhou Cangxiao, and Hangzhou Runyi will collectively hold 29.70% of the shares. The controlling shareholder of Jiaheng Household Chemicals will change to Hangzhou Pin Cheap, with Xu Yi becoming the actual controller.