Hengbo Co., Ltd. announced that the 20th meeting of the fourth board of directors of the company deliberated and passed a bill to postpone some fund-raising investment projects. The “NEV Thermal Management System and Vehicle Intake System Project” will be adjusted from October 15, 2026 to October 15, 2027 when the implementation subject, implementation method and scale of investment of the fund-raising project remain unchanged. The extension of the project was affected by force majeure factors such as construction restrictions on neighboring plots and typhoons. There was no change in the investment of capital raised, and it will not have a significant adverse impact on the company's main business and daily production and operation. The sponsor has no objection to the extension of this fundraising project.

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