Goliath Rigging: Received the Administrative Supervision Measures Decision Letter from Hebei Securities Regulatory Bureau.

Announcement from Julong Rigging, on December 18, 2025, received the decision of Hebei Securities Regulatory Bureau on imposing administrative regulatory measures on Julong Rigging Co., Ltd. to order correction and issue a warning letter, and to conduct regulatory conversations with relevant responsible persons. After investigation, Julong Rigging Co., Ltd. was found to have inaccurate provision for bad debts and delayed disclosure of government subsidies. Hebei Securities Regulatory Bureau has decided to impose administrative regulatory measures on your company to order correction and issue a warning letter, and to conduct regulatory conversations with Chairman Yang Jianguo, General Manager Yang Chao, CFO Fu Qiang, and Board Secretary Zhang Yun, who bear the main responsibility.