Hui Feng Diamond: intends to purchase a total amount of state-owned land use rights not exceeding 30 million yuan.

Hui Feng Diamond Announcement: In order to meet the needs of business development, the company plans to bid for the state-owned land use rights of the land located on the east side of Danyang Avenue, ZG2025-23, in Zhecheng County, using its own funds through the "public auction" method. The construction land area is approximately 134,400 square meters, with a total amount not exceeding 30 million yuan. The final amount shall be subject to the land transfer contract signed by the company and the relevant government departments. The company held the fourth meeting of the fourth session of the Board of Directors on November 19, 2025, and approved the "Proposal on the Company's Proposed Purchase of State-owned Land Use Rights." This transaction will play a positive and effective role in promoting the company's development, helping to expand the company's operating scale, and having a positive impact on market competitiveness.