Announcement on the 'Dual Improvement of Quality and Returns' Action Plan

Securities Code: 001221 Securities Abbreviation: Hango Group Announcement No.: 2026-031
Hango Group Co., Ltd.
Announcement on the "Dual Improvement of Quality and Returns" Action Plan
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, complete, and does not contain any false records, misleading statements, or significant omissions.
In order to implement the guiding principles of the Central Political Bureau meeting regarding "activating the capital market and boosting investor confidence" and the State Council executive meeting's emphasis on "greatly enhancing the quality and investment value of listed companies," actively respond to the national policy spirit of promoting high-quality development of listed companies, effectively safeguard the legitimate rights and interests of all shareholders, and solidify the foundation for the company's sustainable development, Hango Group Co., Ltd. (hereinafter referred to as "the Company") has specially formulated the "Dual Improvement of Quality and Returns" action plan. The specific measures are as follows:
I. Focus on Core Business and Deepen the Home Hardware Sector
The Company has been deeply engaged in the home hardware industry for over twenty years, relying on brand, research and development, manufacturing, and channels to build a long-term comprehensive competitive advantage, and has developed into a leading enterprise in the field of functional home hardware in China. As the "first stock of functional hardware in China," its market position is solid and prominent.
The Company adheres to a development strategy driven by its own brand and original design. As a national high-tech enterprise and provincial industrial design center, the Company has accumulated over 1,200 domestic and foreign patents and has participated as a main drafting unit in the formulation of several national and industry standards. With outstanding technical strength and design capabilities, it has established a strong industry barrier. At the same time, the Company has built a globally radiating intelligent manufacturing base cluster, achieving full-chain automated production of core products, providing a solid guarantee for large-scale delivery and stable high-quality supply. Relying on an integrated online and offline channel system that covers both domestic and international markets, the Company can provide customers with one-stop whole-house hardware solutions, maintaining industry-leading market penetration and brand influence.
With the continuously built systematic core capabilities, the Company's leading position in the industry has been highly recognized by the market and authoritative institutions, having successively won honors such as Guangdong Province's Top 500 Manufacturing Enterprises, Foshan's Top 100 Manufacturing Enterprises, and several awards for iconic brands in the Chinese home hardware industry, as well as being recognized with international design awards such as the German iF and Red Dot awards for product design. The continuous innovation capability, excellent product quality, and long-term brand building have jointly forged "Hango" into a brand with outstanding influence and market reputation in the industry.
In the future