[Kaffa Technology: has obtained a "Loan Commitment Letter" from Industrial and Commercial Bank of China of no more than 450 million yuan] On November 6, Kingfa Technology announced that the company is concerned that in order to maintain the smooth operation of the capital market, the People's Bank of China has stepped up its implementation of the stock repurchase, increase and re-loan policy, and will lower the stock repurchase and increase re-loan interest rate by 0.25 percentage points to 1% starting from November 4, 2026. This policy provides strong support for the company to maintain the company's value and shareholder rights through share repurchases and other methods. The company has obtained a "Loan Commitment Letter" issued by the Guangzhou Branch of Industrial and Commercial Bank of China Limited. The bank promises to provide the company with a special loan for stock repurchase in an amount not exceeding RMB 450 million and not exceeding 90% of the repurchase amount, specifically for the repurchase of the company's shares.