Zhou Min Ni Reports 6.7% Stake in HF Foods Group Inc. Following Cooperation Agreement

Zhou Min Ni filed an Amendment No. 4 to Schedule 13D on May 26, 2026, reporting a 6.7% ownership stake in HF Foods Group Inc. (HFFG), totaling 3,559,397 shares. This filing primarily reflects the entry into a Cooperation Agreement dated November 18, 2024, involving the Company and several Stockholder Related Parties. Under the agreement, the parties agreed to vote their shares proportionally with disinterested stockholders or in accordance with Board recommendations during a Cooperation Period that ended on August 2, 2025. The agreement also included standstill restrictions and the dismissal of pending litigation (HF Foods Group, Inc. v. Maodong Xu et al.). Mr. Ni holds sole voting and dispositive power over 3,555,673 shares and shared power over 3,724 shares held by his spouse. He expressly disclaims beneficial ownership of an additional 8,139,274 shares held in various irrevocable trusts for his children. No transactions were effected by the reporting person in the 60 days preceding the filing.