Willow Investment Co., Ltd.: Receipt of the administrative regulatory measures decision letter from the Guangxi Securities Regulatory Bureau.

Liuhua announced that the company has received the decision of the Guangxi Securities Regulatory Bureau on "Decision on Ordering Corrective Measures to Liuzhou Chemical Co., Ltd." and "Decision on Regulatory Talks with Lu Shengyun and Huang Jizhong." The decision pointed out that the company has issues such as non-standard accounting and failure to fulfill the obligation to conduct integrity file inquiries on the proposed appointment of directors and senior management, violating relevant laws and regulations. The company is required to submit a written rectification report within 30 days, strengthen the study and training of securities laws and regulations, solidify the foundation of financial accounting, and enhance the ability and level of accounting and financial management. Lu Shengyun and Huang Jizhong will be subject to regulatory talks as relevant responsible persons.