Huawo Group: Intends to amend the "Articles of Association" due to the decrease in registered capital caused by the cancellation of repurchased shares.

Huawo Corporation announced that it held a board meeting on March 23, 2026 to consider and approve the amendment of the company's Articles of Association. Due to the company's intention to cancel 25,665,001 shares held in the repurchase special securities account and correspondingly reduce the share capital, the total share capital will decrease from 420,090,164 shares to 394,425,163 shares, and the registered capital will decrease from 420,090,164 yuan to 394,425,163 yuan. Certain provisions of the Articles of Association will need to be amended accordingly, which will require approval by the shareholders' meeting with a majority vote of more than two-thirds of the total voting rights present at the meeting.