Hangcha Group: All previous convertible bond fundraising projects have been completed.

Hangcha Group announced that the net proceeds raised from its previous public issuance of convertible bonds amounted to RMB 1.139 billion. The funded projects included an annual production capacity of 60,000 new energy forklifts construction project, an R&D center upgrade construction project, a group informatization upgrade construction project, and a marketing network and forklift experience center construction project. All of these projects reached their intended usable status in March 2024 and have been completed. Among them, the annual production of 60,000 new energy forklifts project cumulatively achieved benefits of RMB 2.102 billion, meeting the expected benefits. As of June 30, 2026, the surplus raised funds of RMB 267 million have been permanently replenished as working capital, and all special accounts for the raised funds have been closed.