Huaxin Technology: The board of directors has approved the global offering of H shares and listing on the Hong Kong Stock Exchange.

Huqin Technology announced that at the 22nd meeting of the second board of directors held on February 5th, the resolution on "Proposal on Determining the Global Offering of H Shares and Listing on The Stock Exchange of Hong Kong Limited" was passed. The board agreed on arrangements for the global offering of H shares and listing on the Hong Kong Stock Exchange, including approval of the offering arrangements, publication and signing of relevant documents, and authorization of relevant personnel to handle specific matters. The board also approved the "Proposal on Amendment", intending to revise the articles of association and authorize the handling of commercial changes registration. Both proposals do not require submission for shareholder approval.