JNBY: Indirect wholly-owned subsidiary Hui Pu Clothing has entered into a construction contract with the contractor, with a total contract amount of 600 million RMB.

JNBY Group Announcement: On April 17, 2026, the company’s indirectly wholly-owned subsidiary, Hui Pu Apparel, entered into a construction contract with the contractor. Under this agreement, the contractor is to provide services for the construction of a new modern park on the land. The total contract amount is RMB 600 million (equivalent to approximately HKD 680,400,000), but it is subject to the terms and conditions of the construction contract.

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