Huangtai Liquor announced that the company plans to implement the factory packaging workshop infrastructure upgrade project, with a total budget of 187.225 million yuan. After negotiations with the controlling shareholder Gansu Shengda Group Co., Ltd. and its subsidiary Lanzhou Huaxia Real Estate Co., Ltd., the payment for this renovation project will be paid for by the relevant parties mentioned above, and the three parties will sign a “Payment Agreement”. The company is required to repay the principal amount and pay interest at an annual interest rate of 3.3% from the date of payment confirmation to the actual settlement date. This transaction constitutes a related transaction. It has been reviewed and approved by the board of directors of the company. The relevant directors have avoided voting, there is no need to submit it to the shareholders' meeting for consideration, and it does not constitute a major asset restructuring. From the beginning of 2026 to the date of disclosure, the total amount of related transactions between the company and Shengda Group and its subsidiaries was 4.247,200 yuan.

Huangtai Liquor announced that the company plans to implement the factory packaging workshop infrastructure upgrade project, with a total budget of 187.225 million yuan. After negotiations with the controlling shareholder Gansu Shengda Group Co., Ltd. and its subsidiary Lanzhou Huaxia Real Estate Co., Ltd., the payment for this renovation project will be paid for by the relevant parties mentioned above, and the three parties will sign a “Payment Agreement”. The company is required to repay the principal amount and pay interest at an annual interest rate of 3.3% from the date of payment confirmation to the actual settlement date. This transaction constitutes a related transaction. It has been reviewed and approved by the board of directors of the company. The relevant directors have avoided voting, there is no need to submit it to the shareholders' meeting for consideration, and it does not constitute a major asset restructuring. From the beginning of 2026 to the date of disclosure, the total amount of related transactions between the company and Shengda Group and its subsidiaries was 4.247,200 yuan.