intends to issue stocks to specific objects to raise funds and supplement working capital.

Hua Technology announced that in order to meet the capital needs of the business, it plans to issue shares to specific object Hangzhou Juzhun. On January 19, 2026, Yu Yongfang and two others transferred their shares and waived their voting rights, the controlling shareholder of the company changed to Hangzhou Juzhun, and the actual controller changed to Zheng Jianbo. The issuance price this time is 19.54 yuan/share, with a maximum issuance of 22,808,000 shares. After completion, Hangzhou Juzhun's shareholding will increase to 35,720,000 shares, accounting for 26.10%. The raised funds, after deducting expenses, will be used to supplement all working capital, in order to optimize the financial structure and enhance competitiveness. The plan still needs to be reviewed by the shareholders' meeting, approved by the Shenzhen Stock Exchange, and registered with the China Securities Regulatory Commission.