Hualu Holdings: Received a warning letter from the Guangdong Securities Regulatory Bureau due to inaccurate financial information disclosure affecting revenue by 96.19 million yuan.

Hualu Co., Ltd. Announcement: Due to the improper judgment of the municipal water project revenue accounting method in the third quarter of 2025, the company's financial information disclosure was inaccurate, in violation of the relevant provisions of the "Regulations on the Disclosure of Information by Listed Companies", and received a warning letter from the Guangdong Securities Regulatory Bureau. The Chairman and General Manager Dong Jiangang and the Chief Financial Officer Sun Yuanyuan are mainly responsible for the violation. The warning letter requires the company and related personnel to seriously learn from the lessons, strengthen the study of securities laws and regulations, truthfully, accurately, completely, timely and fairly fulfill the obligation of information disclosure, and submit a rectification report and internal accountability situation within 30 days of receiving the decision letter.