Hiconics: Subsidiary received a government subsidy of 7 million yuan

Hiconics announced that its subsidiary, Anhui Midea Hiconics Power Engineering Co., Ltd., recently received a government subsidy of 7 million yuan, which is related to income and accounts for 67.99% of the company's most recent audited net profit attributable to shareholders. This subsidy is related to daily operating activities and is not sustainable. The subsidy will be included in other income and is expected to increase the company's total profit for the year 2025 by 5.6 million yuan. The above data is unaudited and will be subject to the final audit results