JiHua Group: Controlling Shareholder Plans to Increase Holdings by 100 Million Yuan

Announcement of Jihua Group: The controlling shareholder New Emerging Jihua Group and the concerted actors hold a total of 50.19% of the shares. They plan to increase their holdings of the company's unlimited A-share circulation stock through centralized bidding or block trading within 12 months from the date of this announcement, with an increase amount of 100 million to 200 million yuan. The funding source will be self-owned or other legitimate funds, and they will not reduce their holdings during the increase period and the statutory period.