According to Haosanghao's announcement, the company reviewed and passed a bill to postpone some fund-raising projects. Under the premise that the “IoT Wireless Module and Smart Home Product Design and Manufacturing Project” implementation subjects, implementation methods, investment use and investment scale of the “IoT Wireless Module and Smart Home Product Design and Manufacturing Project” remain the same, it will be extended from October 31, 2026 to October 31, 2027. The project plans to invest 71.7747 million yuan in capital. As of September 30, 2026, an actual investment of RMB 28.646 million, the investment progress is 39.10%. This delay is due to increased competition in the industry, the company's restructuring of research and development, the new technology plan is still in the cultivation stage, and the project is progressing slowly. The sponsor, Guoxin Securities, has no objection to this matter.

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