Hongxing Co., Ltd.: Secretary Liu Genxiang and Vice President Cheng Shengxiang have respectively reduced their holdings by 0.0249% and 0.0368%.

Hongxing Co., Ltd. announced that the company’s Secretary of the Board of Directors and Chief Financial Officer Liu Genxiang has cumulatively reduced 31,960 shares through centralized bidding from February 12, 2026, to February 24, 2026, accounting for 0.0249% of the total share capital after excluding the repurchased shares; Vice President Cheng Shengxiang also reduced 47,348 shares through centralized bidding during the same period, accounting for 0.0368%. Both individuals implemented the reduction plan in accordance with the plan disclosed on January 22, 2026. The shares reduced were all acquired before the company’s initial public offering. The reduction plan has now been completed.

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