Progress Announcement on Freezing of Some Bank Accounts and Partial Equity of Wholly-Owned Subsidiary
The Company and all members of its Board of Directors guarantee the information disclosed is true, accurate, and complete, with no false records, misleading statements, or major omissions.
Basic Situation of Freezing of Some Bank Accounts and Partial Equity
Hongli Zhizhi Group Co., Ltd. (hereinafter referred to as "the Company") received the "Civil Ruling" (No. [(2025) Yue 0311 Zhi Bao 19296]) and "Notice of Preservation Results" issued by the People's Court of Guangming District, Shenzhen City in January 2026. Due to a contract dispute, Shenzhen Lanpu Vision Technology Co., Ltd. (hereinafter referred to as "Lanpu Vision") applied for property preservation, leading to the freezing of some bank accounts of Hongli Display and the freezing of 42.6998 million yuan of equity in Shenzhen Smart Semiconductor Co., Ltd. (hereinafter referred to as "Shenzhen Smart Semiconductor") held by the Company.