Huaxiang Corporation: Application for the issuance of convertible bonds to unspecified entities granted approval by Shanghai Stock Exchange.

Huaxiang Group announced that the Shanghai Stock Exchange Listing Review Committee held a meeting on March 18, 2026, and approved the company's application to issue convertible corporate bonds to unspecified investors. The application meets the requirements for issuance, listing, and disclosure of information. However, the issuance still needs approval from the China Securities Regulatory Commission before it can be implemented. The final approval and timeline are uncertain, and the company will disclose any progress in a timely manner.