Hongxu-KY Announces Internal Establishment of 'New Energy Value Regeneration Division' by Key Subsidiary

1. Date of Event: 2026/04/28 2. Company Name: Shanghai Hongxu Intelligent Equipment Co., Ltd. 3. Relationship to Company (please enter 'Parent' or 'Subsidiary'): Subsidiary 4. Mutual Shareholding Ratio: 100% 5. Reason for Announcement: To supplementarily disclose the internal establishment of the 'New Energy Value Regeneration Division' by the key subsidiary, Shanghai Hongxu Intelligent Equipment Co., Ltd. 6. Response Measures: The company will continue to comply with all relevant laws and regulations. 7. Other Matters to be Disclosed (If the entity responsible for the event or resolution is a publicly listed company or above, this significant information also qualifies as a matter under Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act that has a significant impact on shareholders' rights or securities prices): None.