Huanghe Xuanfeng: 6 million shares held by shareholders with over 5% stake to be judicially auctioned.

Huanghe Xuanfeng announced that the companys shareholder with more than 5% ownership, Qiao Qiusheng, is facing a judicial auction of 6 million unrestricted tradable shares due to a financial loan contract dispute. The auction will take place from 10:00 on August 29, 2026, to 10:00 on August 30, 2026, with a starting price of 56.352 million yuan, a deposit of 5.63 million yuan, and a bidding increment of 10,000 yuan. This judicial auction will not lead to a change in the companys control and will not have a significant impact on daily operations; however, the outcome remains uncertain.