Shandong Haihua announced that on December 26, 2025, the 6th meeting of its 9th board of directors in 2025 approved the launch of financial leasing business. The financing amount will not exceed 500 million yuan, and the term will not exceed 5 years. The counterparties are Societe Generale Financial Leasing and China Foreign Trade Financial Leasing, which have nothing to do with them. The company sells and leases legal equipment assets with a book value of not less than 500 million yuan, and the funds are used for fixed asset investment, etc. This matter does not constitute a related transaction or major asset restructuring, does not affect production and operation, and the risk is manageable.

Shandong Haihua announced that on December 26, 2025, the 6th meeting of its 9th board of directors in 2025 approved the launch of financial leasing business. The financing amount will not exceed 500 million yuan, and the term will not exceed 5 years. The counterparties are Societe Generale Financial Leasing and China Foreign Trade Financial Leasing, which have nothing to do with them. The company sells and leases legal equipment assets with a book value of not less than 500 million yuan, and the funds are used for fixed asset investment, etc. This matter does not constitute a related transaction or major asset restructuring, does not affect production and operation, and the risk is manageable.