Huahong Hongli announced that the company previously planned to purchase 97.4988% of Shanghai Huali Microelectronics Co., Ltd.'s shares and raise supporting capital by issuing shares. On September 3, 2026, the Shanghai Municipal Administration of Market Supervision approved the relevant industrial and commercial changes. 97.4988% of the shares of the target company have been changed and registered under the company's name, and the target company has become a wholly-owned subsidiary directly and indirectly owned by the company.

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