Huafa Group: intends to carry out a special plan business for the supply chain assets not exceeding 20 billion yuan.

Huafa Corporation announced that it plans to carry out a supply chain asset special plan business using the accounts receivable debt rights of the company and its subsidiaries as the underlying assets, with a total amount not exceeding 20 billion yuan, and the amount can be used repeatedly. The launch of this supply chain asset special plan business constitutes a related party transaction and requires approval by the shareholders' meeting.