E-Hualu restricted funds judicially appropriated, company pledges full replenishment

Beijing E-Hualu Information Technology announced that a portion of its restricted funds accounts, held at a branch of Zheshang Bank, has been judicially appropriated. The appropriated amounts total 3,486,121.21 yuan. This sum represents 3.03% of the restricted funds special account balance as of June 30, 2025, and 0.48% of the company's net assets attributable to shareholders based on the latest audited figures.

The company stated that this judicial appropriation will not have a significant adverse impact on its production and operations. An investigation is underway, though it is currently understood to be unrelated to the company's investment projects, and no irregularities in restricted fund payments have been identified.

E-Hualu plans to fully replenish the judicially appropriated 3,486,121.21 yuan using its own funds. The company will closely monitor the storage and use of its restricted funds, strengthen management, and fulfill its information disclosure obligations to safeguard the legitimate rights and interests of the company and all shareholders.