Snow Peak Technology: The controlling shareholder increased its shareholding by 1%, and its shareholding ratio increased to 22%.

Snow Peak Technology announced that on March 20, 2026, the controlling shareholder Guangdong Hongda Holding Group Co., Ltd. increased its stake in the company by 10.71 million shares through centralized bidding, accounting for 1.00% of the total share capital. The shareholding ratio increased from 21.00% to 22.00%, triggering a 1% change in equity. The funds for this increase were sourced from its own funds and will not change the company's control, nor affect normal production and operation, and there are no violations of relevant regulations.