Fengfan Co., Ltd.: Controlled subsidiary experienced a fire accident, preliminary estimate indicates that it will have a certain impact on performance.

Fengfan Co., Ltd. announced on March 29 that around 4 pm on March 27, a fire broke out in the cleaning area of the slicing workshop of its controlling subsidiary, Yangzhou Jingying. With the prompt response from local fire and emergency departments, the fire has been extinguished. The specific cause of the fire is currently under investigation and verification. The accident did not result in any casualties, but there was some damage to the factory building and equipment. The extent of the damage is being assessed, and it is initially estimated to have a certain impact on the full-year performance in 2026. Related insurance claims are being processed orderly. Due to the impact of the accident, there may be some delays in product delivery at Yangzhou Jingying, but the company is making every effort to minimize or eliminate the impact on customer orders. As of the date of this announcement, the production and operation of other subsidiaries of the company remain normal.