Announcement on Correction of Prior Accounting Errors and Retrospective Adjustments

Konka Group Co., Ltd Announcement on Correction of Prior Accounting Errors and Retrospective Adjustment The company and all members of the board of directors guarantee that the information disclosed is true, accurate, and complete, without any falsehoods Records, misleading statements, or material omissions.

Konka Group Co., Ltd. (hereinafter referred to as the "Company") will hold its tenth anniversary on April 27, 2026 At the 11th meeting of the first Board of Directors, the "Proposal on Correction of Prior Accounting Errors and Retrospective Adjustment" was reviewed and approved Case, agreeing that the company will follow the "Enterprise Accounting Standard No. 28—Accounting Policies and Accounting Estimate Changes and Balances." Correction of Errors" and "Rules No. 19 for Information Disclosure and Reporting by Companies Issuing Securities to the Public" — Changes to Financial Information

Corrections were made to the company's prior accounting errors.

This correction of prior accounting errors and retrospective adjustments will affect the company's performance from 2022 to 2024, Consolidated balance sheet, consolidated income statement, and consolidated owners for Q1, half-year, and Q3 2025 Statement of changes in equity, as well as the parent company's balance sheet, parent company's income statement, and changes in owners' equity

The items in the statement of cash flow have no effect on the consolidated cash flow statement or the parent company's cash flow statement. This correction of accounting errors will not cause a change in the nature of profit or loss for the relevant years already disclosed by the company. This will not result in negative net assets at the end of the period in the disclosed annual financial statements. This time, the correction of prior accounting errors and retrospective adjustments have been approved by the company's Board of Directors Audit Committee, The board of directors does not need to submit to the shareholders' meeting for approval. The company sincerely apologizes for the inconvenience caused to investors by correcting the previous accounting errors We will continue to improve governance and standardized operations, strive to enhance the quality of information disclosure, and effectively safeguard the company and the interests of all shareholders. The specific details are hereby announced as follows:

1. Reasons for correcting previous accounting errors Upon self-inspection, due to failure to consider special provisions for some equity transfer projects and failure to fully allocate special provisions in previous years, Interest fees and bad debt provisions for accounts receivable from certain customers, the company corrected related errors related to 2022 Consolidated balance sheets and consolidated profits for fiscal year 2024, Q1 2025, half-year, and Q3 2025 Consolidated Statement of Changes in Owners' Equity Accounts, as well as the parent company's balance sheet, parent company's income statement, and parent company's balance sheet Statement of changes in owners' equity, with the following details:
2. The company started its competition with Chongqing Yipingfang Technology Co., Ltd. (hereinafter referred to as "Yipingfang") in 2021 At that time, a supplementary agreement was signed with 11 investors, promising that if Yipingfang failed to complete its IPO within the agreed time, the company would The company is obligated to repurchase the acquired equity at the original purchase price and pay interest. The above agreed matters were not fulfilled by the company The approval procedures for the board of directors and shareholders' meeting were not properly handled with accounting treatment or information disclosure, and the company's management based on