XXF (02473) signed a business cooperation agreement with Haluo Rent a Car to carry out car rental business cooperation in designated cities in the "co-branded store" mode.

XXF (02473) announcement, on December 5, 2025, the indirect wholly-owned subsidiary of the Company, Xiangfeng Financing Leasing Group Limited (XXF), signed a business cooperation agreement with Hangzhou Ha Hang Network Technology Co., Ltd. (Haole Rental) (the Agreement), regarding the cooperation between the two parties in operating car rental business in designated cities in China in a "co-branded store" model (the Cooperation). According to the Agreement, XXF and Haole Rental plan to establish and operate co-branded stores in the first batch of ten cities (including Hangzhou, Hefei, Wuhan, Guiyang, Xi'an, Nanjing, Nanning, Nanchang, Changsha, and Zhengzhou), jointly invest resources to create co-branded stores featuring both the "Haole Rental" and "Xiangfeng" brand images, integrate Wuxi Online Offline Communication Information Technology Co., Ltd. resources, and enhance user experience and operational efficiency. Haole Rental is a company registered and established in the People's Republic of China, and is a leading car rental service platform under the mobile travel platform "Haole Travel." It relies on the user traffic of the "Haole Rental APP" and powerful digital technology capabilities, integrates high-quality car rental service provider resources nationwide, and provides users with one-stop, standardized online car rental services. The Board believes that this cooperation will integrate the operating experience of the Group in the car rental field, the offline vehicle resource advantages, and the online platform traffic advantages of Haole Rental, enhance the asset operation efficiency of the Group, and expand the user coverage scale. The cooperation also aligns with the Group's strategic plan for the continued development of car-related service businesses, and is expected to have a positive impact on the Group's future business development and financial condition.