Huicheng International Holdings (01146.HK) announced in Hong Kong that, The Group, through Qingdao Huaxin Anchor, holds 1,702,550 ordinary shares of Shanghai Biren, representing approximately 0.07% of Shanghai Biren’s issued share capital, which have been converted into Shanghai Biren’s H-shares. Based on the closing price of Shanghai Biren’s H-shares of HK$34.46 on January 2, 2026, the fair value of the Group’s equity interest in Shanghai Biren held through Qingdao Huaxin Anchor is HK$58,669,873 (equivalent to approximately RMB 52,991,803). After deducting the Group’s investment cost and related expenses, these investments will result in a net gain compared to the Group’s initial investment cost in Qingdao Huaxin Anchor. The relevant Shanghai Biren H-shares are subject to a 12-month lock-up period.