Suny-Friend (8341) Announces RMB 26 Million Cash Capital Increase for its Chinese Subsidiary

Statement Date: 2026/05/19 Spokesperson's Date: 2026/05/18 Spokesperson's Time: 13:58:44 Company Code: 8341 Company Name: Suny-Friend Subject: On behalf of subsidiary Rizhao Panyue Environmental Technology, announcement of board resolution for cash capital increase to issue new shares. Applicable Clause: Article 11 Date of Occurrence: 2026/05/18 Explanation: 1. Board resolution date: 2026/05/18 2. Source of capital increase funds: Cash capital increase 3. Whether to adopt shelf registration for new share issuance (Yes/No): No 4. Total issue amount and number of shares: RMB 26,000,000 5. For shelf registration cases, current issue amount and number of shares: Not applicable 6. For shelf registration cases, remaining amount and number of shares after this issue: Not applicable 7. Par value per share: Not applicable 8. Issue price: Not applicable 9. Number of shares or amount for employee subscription: Not applicable 10. Number of shares for public sale: Not applicable 11. Subscription or free allotment ratio for existing shareholders: 100% 12. Handling of fractional shares and unsubscribed shares: Not applicable 13. Rights and obligations of the new shares: Same as existing shares. 14. Purpose of this capital increase: To improve financial structure. 15. Other remarks: None.