Announcement on Completion of Industrial and Commercial Change Registration

Tianshui Zhongxing Mycology Technology Co., Ltd. (hereinafter referred to as "the Company") held the 21st meeting of the 5th Board of Directors on December 31, 2025, and the first extraordinary general meeting of shareholders in 2026 on January 20, 2026. The meetings approved the proposals regarding the change of the purpose of repurchased shares and their cancellation, as well as the change of the company's registered capital and the amendment of the Articles of Association. To enhance the company's long-term investment value, improve earnings per share, and further boost investor confidence, the company agreed to change the purpose of 18,498,826 shares held in the repurchase special securities account from "for implementing employee stock ownership plans or equity incentives" to "for cancellation to reduce registered capital." After this change and the completion of the cancellation procedures, the compan