Huafeng Technology: Research and Development Innovation Center Upgrade Construction Project Delayed

Huafeng Technology announcement, the company has decided to postpone the "Research and Development Innovation Center Upgrading and Construction Project" to April 30, 2026. The planned investment amount for this project is 96.3677 million yuan, which will be funded by the proceeds from the initial public offering of stocks. The funds will mainly be used for pre-research and industrialization of new products, medium and long-term technological research and upgrading expansion, optimization of research and development organizational structure, etc., aiming to enhance the company's core technological level, product competitiveness, and market share.