Hongxing Group: Secretary to the Board Liu Genxiang and Deputy General Manager Cheng Shengxiang have reduced their holdings by 0.0249% and 0.0368% respectively.

Announcement of Hongxing Corporation: The company's board secretary and CFO, Liu Genxiang, has collectively reduced his holdings by 31,960 shares from February 12, 2026 to February 24, 2026, accounting for 0.0249% of the total share capital excluding repurchased shares; Deputy General Manager Cheng Shengxiang has also collectively reduced his holdings by 47,348 shares during the same period, accounting for 0.0368%. Both individuals have implemented the reduction plan disclosed on January 22, 2026, and the source of the reduced shares is from the shares acquired before the company's initial public offering. The reduction plan has now been completed.