File: Attachment Jinhua - News Release Announcing MCTO.pdf

Jinhua Capital Corporation TSXV: JHC JINHUA CAPITAL CORPORATION

1500 - 1055 West Georgia Street Vancouver, British Columbia V6E 4N7

JINHUA ANNOUNCES DELAY IN FILING 2024 ANNUAL FINANCIAL STATEMENTS

VANCOUVER, BC May 1, 2025 Jinhua Capital Corporation ("Jinhua" or the "Company") announces that its annual financial statements for the year ended December 31, 2024, the related management discussion and analysis, and certifications of the Chief Executive Officer (the "CEO") and the Chief Financial Officer (the "CFO") (collectively, the "Annual Filings"), were not filed by the required filing deadline of April 30, 2025 due to delays in receiving certain financial information required for the Annual Filings. The Company is working diligently with its auditors to complete the Annual Filings and expects to be able to file the Annual Filings on or before June 30, 2025.

The Company has applied to the applicable securities regulatory authorities and received a management cease trade order ("MCTO") imposed against the CEO and CFO of the Company precluding them from trading securities of the Company. The MCTO will be in effect until the Annual Filings are filed, and requires that they be filed on or before June 30, 2025.

Until the Annual Filings are filed, the Company intends to satisfy the provisions of the Alternative Information Guidelines set out in National Policy 12-203 - Management Cease Trade Orders. The Company confirms that there is no other material information relating to its affairs that has not been generally disclosed.

About the Company

Jinhua is a mineral exploration company focused on exploring the Pluto Gold and Base Metals Property located in the Dolomieu and Daubree Townships of Quebec. From time to time, the Company may also evaluate the acquisition of other mineral exploration assets and opportunities.

For further information, please contact:

Chris Thomas, Interim CEO and Director e: Thomas.chris250@gmail.com c: +1 (778) 988.8650

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward- looking information in this news release includes the anticipated filing date of the Annual Filings. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.