Huaming Equipment: Adjust the share repurchase plan. The total amount of repurchase funds has been increased to no more than 250 million yuan.

Hua Ming Equipment Announcement: The company held its second meeting of the seventh board of directors on July 4, 2025, and approved the proposal on adjusting the share buyback program. According to the adjusted plan, the company will increase the total amount of funds for repurchase from "no less than RMB 150,000,000, and no more than RMB 200,000,000" to "no less than RMB 150,000,000, and no more than RMB 250,000,000". Apart from the adjustment in the total amount of funds for repurchase, there are no changes in other contents of the share buyback program. This adjustment is based on the company's confidence in its future development, to promote sustainable and healthy growth, further improve the company's long-term incentive mechanism and profit-sharing mechanism, fully motivate the core employees of the company, and effectively align the interests of the company, shareholders, and employees.