Hongjing Technology announced that the company held a board of directors meeting on July 14, 2026 to jointly fund the establishment of Shenzhen Yuandong Zhiqi Technology Co., Ltd. with related parties, Ms. Xu Chi, Mr. Qiu Zhibin and other unrelated parties, with a registered capital of 10 million yuan, of which the company invested 5.1 million yuan with its own capital, accounting for 51% of the registered capital. The joint venture will be included in the scope of the company's consolidated statements. Ms. Xu Chi is the director and deputy general manager of the company. This transaction constitutes a related transaction, does not constitute a major asset restructuring, and does not require submission to the shareholders' meeting for review.

Hongjing Technology announced that the company held a board of directors meeting on July 14, 2026 to jointly fund the establishment of Shenzhen Yuandong Zhiqi Technology Co., Ltd. with related parties, Ms. Xu Chi, Mr. Qiu Zhibin and other unrelated parties, with a registered capital of 10 million yuan, of which the company invested 5.1 million yuan with its own capital, accounting for 51% of the registered capital. The joint venture will be included in the scope of the company's consolidated statements. Ms. Xu Chi is the director and deputy general manager of the company. This transaction constitutes a related transaction, does not constitute a major asset restructuring, and does not require submission to the shareholders' meeting for review.