Hualing Precision Engineering: Shareholder Agreement with Controlling Shareholder and Concerted Parties Terminated upon Expiration

Hualing Precision Engineering announced that the “Agreement on Concerted Actions” signed between the company’s controlling shareholder and actual controller, Huang Yehua, and the concerted action partner, Hu Muhua, will expire and terminate on February 6, 2026. The concerted action relationship will naturally end. After the change in equity, Hu Muhua will no longer be a concerted action partner of Huang Yehua, and the voting rights held by all parties will no longer be aggregated. Huang Yehua holds 24,823,500 shares, accounting for 18.62%, while together with concerted action partners Ma Xiping and Huang Chao, they hold a total of 29,404,200 shares, accounting for 22.05%; Hu Muhua holds 3,000,000 shares, accounting for 2.25%. The company’s controlling shareholder remains Huang Yehua, and the actual controller remains unchanged, which will not affect the company’s governance structure or ongoing operations.