Youfa Group: Intends to invest in setting up a wholly-owned subsidiary, Guangdong Youfa Pipeline Technology Co., Ltd., with a registered capital of 500 million yuan.

Yuhua Group announced on February 4th that the company held the 27th meeting of the fifth board of directors on February 4th, 2026. The meeting reviewed and approved the "Proposal on Adding Foreign Investment and Accumulated Foreign Investment". The company invested in the establishment of a wholly-owned subsidiary, Guangdong Yuhua Pipe Technology Co., Ltd., with a registered capital of 500 million yuan, to be paid up in cash for the registered capital. This transaction does not constitute a related party transaction, nor does it constitute a major asset restructuring.