Ka Hing Chemical: Hangzhou's low-cost takeover offer is progressing, and the announcement of the report cannot be made within 60 days.

Jiaheng Jiahua announced that on December 31, 2025, Hangzhou Pin Bianyi, Wenzhou Cangxiao, and Hangzhou Runyi plan to acquire the company's shares held by Zeng Bensheng, forming a concerted action relationship, and after completion will collectively hold 29.70% of the shares. Zeng Bensheng will give up 25.79% of voting rights after transferring the shares. Hangzhou Pin Bianyi plans to make a tender offer to acquire 21.10% of the shares at 33.21 yuan/share. A supplementary agreement was signed on April 7, 2026. Related parties committed not to transfer the shares acquired within 18 months. As of now, the tender offer plan remains unchanged, but if the prospectus cannot be announced within 60 days, it will be processed as required and disclosed in a timely manner.