Hongqiao Holdings announced that the company previously considered and approved the acquisition of 100% of the shares of Yunnan Hongqiao New Energy Co., Ltd. and Yunnan Weiqiao Xinchuang Technology Industrial Park Development Co., Ltd. in cash through its subsidiary Yunnan Hongqiao New Materials Co., Ltd. The transaction constituted a connected transaction under the Hong Kong Stock Exchange listing rules. China Hongqiao Group Co., Ltd., the indirect controlling shareholder of the company, has issued a related transaction announcement on the transaction, and issued a supplementary announcement on the Stock Exchange on September 23, 2026, providing additional explanations on the underlying company background, valuation details, reasons for the transaction and related party information. The company is now simultaneously disclosing the supplementary announcement inquiry link.

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