Huahong Hongli announced that the holding subsidiary Huahong Semiconductor Co., Ltd. plans to transfer 100% of the shares and related claims of Huahong Real Estate Co., Ltd. through public listing on the Shanghai Joint Property Exchange. The initial listing price is not less than 229 million yuan. The final transaction price is based on the results of the public listing transaction. The net assets of Huahong Real Estate have a book value of 593 million yuan, an assessed value of 177 million yuan under the Asset Foundation Law, and an assessed value-added rate of about -70.19%. According to the relevant assessment values, the estimated impact on the company's overall net profit in 2026 is about -416 million yuan, and the impact on net profit due to mother is about -212 million yuan. After the transaction is completed, Huahong Real Estate will no longer be included in the scope of the listed companies' consolidated statements.

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