Shandong Haihua: Intends to conduct financing lease business amounting to no more than 500 million yuan.

Shandong Haihua announced that on December 26, 2025, its 9th Board of Directors approved the 6th meeting of 2025 to conduct financing leasing business with a financing amount not exceeding 500 million yuan and a term not exceeding 5 years. The counterparty is Industrial Financial Leasing and China Foreign Trade Financial Leasing, with no related relationship. The company will sell and lease back legal equipment assets with a book value of not less than 500 million yuan, with the funds used for fixed asset investments. This matter does not constitute a related party transaction or a major asset reorganization, does not affect production and operation, and the risk is controllable.