Snow Peak Technology: Controlling shareholder plans to increase holdings in the company by 1.5 to 3 billion yuan.

Snow Peak Technology announced that the company's controlling shareholder, Guangdong Hongda, has completed its first increase in holdings, with an amount of 93.3364 million yuan and an increase of 10.7169 million shares, raising its shareholding ratio to 22.00%. Based on confidence in the company's development and value recognition, Guangdong Hongda plans to increase its holdings of the company's A shares with its own funds by 1.5 billion to 3 billion yuan starting from March 20, 2026, within 12 months, at a price not exceeding 9.60 yuan per share. This increase plan may not meet expectations due to market changes, but its implementation will not result in a change in controlling rights.