Huaci Corporation: The joint venture company Lanshi Hualian intends to dissolve and liquidate.

Huaci shares announced that Hunan Lanshi Hualian Fine Porcelain Co., Ltd., in which the company holds a stake, has been approved for dissolution and liquidation by the shareholders' meeting. Lanshi Hualian was jointly established by Huaci shares and Lanshi International Limited in June 2012. Since the joint venture purpose has been achieved, both parties have agreed to dissolve the company and establish a liquidation team to handle related matters. Lanshi Hualian has a registered capital of 20 million yuan, with Huaci shares owning 49% of the shares. As of June 30, 2025, Lanshi Hualian's total assets were 19.6858 million yuan, owner's equity was 19.6858 million yuan, and net profit was -0.5868 million yuan. This dissolution will have a minimal impact on Huaci shares' operation and profit. The company will fulfill its disclosure obligations in a timely manner based on the progress of the liquidation work.