CanXing Network: Subsidiary Announces Xiamen CanKun Industrial's Q1 2026 Performance Forecast

1. Date of occurrence: 2026/04/14 2. Company Name: Xiamen CanKun Industrial Co., Ltd. 3. Relationship with the Company (enter parent company or subsidiary): Subsidiary 4. Proportion of mutual shareholding: 42.9% 5. Reason for occurrence: In accordance with International Accounting Standard No. 36 'Impairment of Assets', Xiamen CanKun Industrial Co., Ltd. will assess and accrue impairments for accounts receivable and inventory from January to March 2026, totaling RMB 4.5502 million. 6. Countermeasures: None 7. Other matters that need to be stated (if the subject of the event or resolution is a publicly issued company or above, this major information also meets the requirements of Article 7, Paragraph 9 of the Securities Transaction Act Enforcement Rules regarding matters that have a significant impact on shareholder rights or securities prices): (1) This asset impairment does not involve actual cash outflow and has no impact on the company's operating funds and cash flow. (2) These figures are self-calculated by the company and have not yet been reviewed by an accountant.