Hanghua Corporation: Intends to reduce its holdings by no more than 1% of the repurchased shares.

Hang Hua Group Announcement: The company plans to reduce its holdings by no more than 4.2417 million shares, accounting for 1% of the total share capital, through centralized bidding trading method from October 27, 2025 to January 26, 2026. This reduction plan is part of the disclosed buyback plan, and the funds raised will be used to supplement the company's daily operating capital needs. This reduction will not have a significant impact on the company's operations, finances, and future development. The company will strictly follow the relevant regulations of the Shanghai Stock Exchange and fulfill its information disclosure obligations in a timely manner.