Huaming Power Equipment Co., Ltd. (hereinafter referred to as "the Company") and all members of the board of directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.
On February 26, 2026, the Company held the seventh meeting of the seventh board of directors, where the proposal on changes in accounting policies was reviewed and approved. This change in accounting policies is made in accordance with the requirements of laws, regulations, and the national unified accounting system, and does not require submission for shareholder meeting review. The specific circumstances of this accounting policy change are announced as follows: