ZJHM: Plans to donate 2 million yuan to the People's Education Foundation of Xiaoshan District, Hangzhou for education-related projects

ZJHM announced that the company plans to donate RMB 2 million to the People's Education Foundation of Xiaoshan District, Hangzhou, for awards to teachers and students, scholarships, assistance for students, and other projects that promote the professional development of teachers and improve school conditions and facilities. This donation is within the approval authority of the board of directors and does not require submission to the shareholders' meeting for review, nor does it constitute a related party transaction. The donation funds come from the company's own funds and will not have a significant impact on the company's current and future production and operations