Hongxing Group: The controlling shareholder and persons acting in concert have reduced their holdings by 0.99%, and the reduction plan has been fully implemented.

Hongxing Corporation Announcement: The company's controlling shareholders Zhou Demao, Ke Guomin, Guo Jingxuan, and the concerted action parties Shantou Runying Equity Investment Partnership Enterprise and Shantou Zhoubmist Equity Investment Partnership Enterprise previously held 52.61 million shares, accounting for 40.91% of the total share capital after deducting the repurchased shares. From February 12, 2026 to May 11, 2026, the above entities collectively reduced their holdings by 1.2724 million shares through centralized bidding, accounting for 0.99% of the total share capital after deducting and 0.97% of the total share capital. The reduction plan has been implemented and completed.