Huaxing Entrepreneurship: Zhang Yan reduces holdings by 43,000 shares.

HuaXing Entrepreneurship Announcement: Ms. Zhang Yan, a senior management personnel of the company, has completed the share reduction plan. On July 9, 2025, Ms. Zhang Yan reduced the company's shares by 43,000 shares through centralized competitive trading, with an average reduction price of 6.87 yuan/share, representing 0.0085% of the total share capital of the company. After this reduction, Ms. Zhang Yan holds 130,500 shares of the company, accounting for 0.0256% of the total share capital of the company. This reduction complies with relevant laws, regulations, and normative documents, and is consistent with the previously disclosed reduction plan.