Announcement on the Progress of the Tender Offer
Jiaheng Jiahua Co., Ltd. and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.
Special Reminder: Jiaheng Jiahua Co., Ltd. (hereinafter referred to as "the listed company," "the company," or "Jiaheng Jiahua") recently received a letter from Hangzhou Pinpianyi Network Technology Co., Ltd. regarding the progress of the tender offer. The content of the letter is announced as follows:
On December 31, 2025, Mr. Zeng Bensheng and Hangzhou Pinpianyi Network Technology Co., Ltd. (hereinafter referred to as "Hangzhou Pinpianyi") jointly signed the "Share Transfer Agreement between Mr. Zeng Bensheng and Hangzhou Pinpianyi Network Technology Co., Ltd." (hereinafter referred to as "Share Transfer Agreement One"). Hangzhou Pinpianyi intends to acquire 19,555,200 unrestricted circulating shares of Jiaheng Jiahua held by Mr. Zeng Bensheng, representing 19.40% of the total shares of the listed company.
On the same day, Mr. Zeng Bensheng and Wenzhou Cangxiao Enterprise Management Partnership (Limited Partnership) (hereinafter referred to as "Wenzhou Cangxiao") jointly signed the "Share Transfer Agreement between Mr. Zeng Bensheng and Wenzhou Cangxiao Enterprise Management Partnership (Limited Partnership)" (hereinafter referred to as "Share Transfer Agreement Two"). Wenzhou Cangxiao intends to acquire 5,241,600 unrestricted circulating shares of the listed company held by Mr. Zeng Bensheng, representing 5.20% of the total shares of the listed company.
On the same day, Mr. Zeng Bensheng and Hangzhou Runyi Enterprise Management Consulting Partnership (Limited Partnership) (hereinafter referred to as "Hangzhou Runyi") jointly signed the "Share Transfer Agreement between Mr. Zeng Bensheng and Hangzhou Runyi Enterprise Management Consulting Partnership (Limited Partnership)" (hereinafter referred to as "Share Transfer Agreement Three"). Hangzhou Runyi intends to acquire 5,140,800 unrestricted circulating shares of the listed company held by Mr. Zeng Bensheng, representing 5.10% of the total shares of the listed company.