Chengzhi Co., Ltd. announced that on August 18, 2026, the company received a letter from the fund manager Qingdao Dingrong Private Equity and decided to stop promoting the establishment, filing and follow-up of the Dingrong Emerging Fund. As of the date the letter was issued, Dingrong Emerging Fund had not been established, had not completed the registration of the China Foundation Association, had not carried out substantial operations, and Chengzhi Innovation, a wholly-owned subsidiary of the company, had not actually invested in the fund. This termination will not affect the company's production and operation, and there will be no harm to the interests of the company or all shareholders.

Chengzhi Co., Ltd. announced that on August 18, 2026, the company received a letter from the fund manager Qingdao Dingrong Private Equity and decided to stop promoting the establishment, filing and follow-up of the Dingrong Emerging Fund. As of the date the letter was issued, Dingrong Emerging Fund had not been established, had not completed the registration of the China Foundation Association, had not carried out substantial operations, and Chengzhi Innovation, a wholly-owned subsidiary of the company, had not actually invested in the fund. This termination will not affect the company's production and operation, and there will be no harm to the interests of the company or all shareholders.