Friendly Group: Completes a capital increase of 152 million yuan to its wholly-owned subsidiary.

Announcement of Friendly Group: The company has completed the capital increase for its wholly-owned subsidiary, Xinjiang Friendly Huajun Real Estate Development Co., Ltd., with a capital increase amount of 152 million yuan, of which 98.3161 million yuan is included in the registered capital and the remaining portion is included in the capital surplus. After the capital increase, the registered capital of Huajun Real Estate Company has increased from 20 million yuan to 1.18 billion yuan, and the company's shareholding ratio remains at 100%. Huajun Real Estate Company has completed the registration capital change procedures and obtained a business license reissued by the Urumqi Market Supervision Administration.