Shanghai Hairong Food Technology 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 June 4, 2026, the Company held the 11th meeting of the 4th board of directors, which reviewed and approved the proposal regarding the failure to achieve the unlocking conditions for the second lock-up period of the first employee stock ownership plan. The board believes that, according to the relevant provisions of the "Draft Revised Employee Stock Ownership Plan of Shanghai Hairong Food Technology Co., Ltd.", the unlocking conditions for the second lock-up period of the first employee stock ownership plan (hereinafter referred to as "this stock ownership plan") have not been met. The relevant matters are announced as follows: