Hang Feng Technology Innovation shareholders approve share capital reclassification

• Hang Feng Technology Innovation held an extraordinary shareholder meeting on June 12, 2026.
• Share capital reclassification into Class A and Class B ordinary shares was authorized; the change was approved, not confirmed as completed.
• Repurchase of 4,000,000 Class A shares at par for USD 400, paired with issuance of 4,000,000 Class B shares at par for USD 400, was authorized; execution remains conditional.
• Increase in authorized share capital to USD 1 million, with 9,000,000,000 Class A shares and 1,000,000,000 Class B shares, was approved; effectiveness not confirmed.
• Adoption of amended charter documents, a par-value reduction to USD 0.000001 with related reorganization, and board authority for future share consolidations were approved; implementation timing was not confirmed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hang Feng Technology Innovation Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-068256), on June 12, 2026, and is solely responsible for the information contained therein.