Fenghua Hi-Tech announced that the company has reviewed and passed a bill to cancel the repurchase of shares, reduce the registered capital, and amend the “Articles of Association”, and will cancel 9,522,792 shares in the special securities account for the repurchase. After the cancellation is completed, the total share capital of the company will be reduced from 1,157,013,211 shares to 1,147,490,419 shares, and the registered capital will be reduced from 1,157,013,211.00 yuan to 1,147,490,419.00 yuan. The company informs creditors that claims can be filed within 45 days from the date of disclosure of the announcement. There are three filing methods: on-site, mail, and email.

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