Guan Chao Holdings Limited (Stock Code: 1872) announced that Guangzhou Jinghong, a subsidiary of the Group, has been included in the third batch of technology-based small and medium-sized enterprises (SMEs) for 2025 in Guangdong Province, as disclosed by the Department of Science and Technology of Guangdong Province on 20 October 2025. The list incorporates 11,789 Chinese enterprises that meet specific requirements in research and development, intellectual property rights, and technological innovation.

According to the announcement, being selected grants Guangzhou Jinghong opportunities to access supportive policies, including enhanced deductions for research and development activities, financial subsidies, extended loss compensation periods, and elevated market competitiveness. The board of directors views this recognition as an affirmation of the company’s commitment to R&D and technological advancement, supported by national policy initiatives. The Group expects these developments to positively contribute to its growth and financial performance, and it will continue to update shareholders and investors on further material progress.