Huaxing Yuanchuang: Chen Wenyuan and others intend to transfer 2.00% of shares through inquiry

Hua Xing Yuan Chuang announced that shareholders Chen Wenyuan, Suzhou Yuanfen Enterprise Management Partnership, and Suzhou Yuanke Enterprise Management Partnership intend to transfer a total of 9.4313 million shares, or 2.00% of the company's total share capital, to institutional investors through a non-public inquiry-based transfer. Among them, Chen Wenyuan plans to transfer 7.0735 million shares, while Suzhou Yuanfen and Suzhou Yuanke each plan to transfer 1.1789 million shares. The reason for all transfers is their own funding needs; the minimum transfer price shall be no less than 70% of the average stock trading price over the 20 trading days preceding the date of sending the subscription invitation.