Chuanfa Longbow announced that Hive Box Holdings Limited, a participating company holding 5.77% of the company's shares, plans to issue 527 million Class A common shares at RMB 2.85 per share; on August 24, 2026, the company deliberated and approved abandoning priority capital increase rights in this round of capital increases. Due to the decline in overall valuation in response to this round of capital increases, the company plans to confirm a fair value change loss of about 560 million yuan, and is expected to reduce the total profit for 2026 by about 560 million yuan.

Chuanfa Longbow announced that Hive Box Holdings Limited, a participating company holding 5.77% of the company's shares, plans to issue 527 million Class A common shares at RMB 2.85 per share; on August 24, 2026, the company deliberated and approved abandoning priority capital increase rights in this round of capital increases. Due to the decline in overall valuation in response to this round of capital increases, the company plans to confirm a fair value change loss of about 560 million yuan, and is expected to reduce the total profit for 2026 by about 560 million yuan.