Huafeng Co., Ltd. announced that on November 4, 2026, the company received a share repurchase proposal from the controlling shareholder Engineus Power Holding Inc. through centralized bidding, with a total repurchase capital of not less than 15 million yuan and no more than 30 million yuan. The repurchase price does not exceed 150% of the average trading price of the company's shares in the 30 trading days before the board of directors deliberates and approves the buyback resolution, and the source of funds is its own or self-raised funds. The repurchase of shares will be used for employee stock ownership plans or equity incentives, or to protect the company's value and shareholders' rights. The details are subject to the repurchase plan reviewed and approved by the board of directors. The repurchase is subject to approval procedures, and there is uncertainty.

Huafeng Co., Ltd. announced that on November 4, 2026, the company received a share repurchase proposal from the controlling shareholder Engineus Power Holding Inc. through centralized bidding, with a total repurchase capital of not less than 15 million yuan and no more than 30 million yuan. The repurchase price does not exceed 150% of the average trading price of the company's shares in the 30 trading days before the board of directors deliberates and approves the buyback resolution, and the source of funds is its own or self-raised funds. The repurchase of shares will be used for employee stock ownership plans or equity incentives, or to protect the company's value and shareholders' rights. The details are subject to the repurchase plan reviewed and approved by the board of directors. The repurchase is subject to approval procedures, and there is uncertainty.