Hua Feng Measurement and Control: Application for the issuance of convertible bonds to unspecified objects has been approved by the Shanghai Stock Exchange.

Hua Feng Measurement and Control announced that on November 13, 2025, the Listing Review Committee of the Shanghai Stock Exchange reviewed the company's application to issue convertible corporate bonds to unspecified investors. The result showed that the application complied with the issuance, listing conditions, and disclosure requirements. However, approval from the China Securities Regulatory Commission is still needed for the issuance to proceed. The final approval and timing are uncertain, and the company will disclose any updates in a timely manner.