Jiahua Technology: Termination of Issuance of Shares and Payment of Cash to Purchase Assets and Raise Matching Funds

Jiahua Technology announced that the board meeting was held on June 5, 2026, agreeing to terminate the issuance of shares and the payment of cash to purchase 90% of the shares of Shield Information Technology Co., Ltd. and to raise supporting funds. The company's stock has been suspended since November 24, 2025, and resumed trading on December 8. Due to changes in the market environment, the two parties failed to reach an agreement on the core terms, so it was decided to terminate the transaction in order to protect the interests of the company and investors. The company promised not to plan any major asset restructuring within one month and will hold an investor briefing on June 8.