On October 9, 2025, Zhejiang Dongjing Electronics Co., Ltd. held the 13th meeting of the 7th board of directors to review and pass the bill to establish a wholly-owned subsidiary. The company plans to invest 20 million yuan of its own capital to establish Shanxi Dongtuo New Energy Technology Co., Ltd., and authorize the chairman and others to handle related matters. This matter is within the decision-making authority of the board of directors and does not constitute a related transaction or major asset restructuring. The subsidiary's legal representative is Meng Jia. The place of registration is Luliang City, Shanxi Province. Its business scope involves research and development of new material technology, etc. The investment is based on the company's overall strategy and will not adversely affect financial and operating results, but it may face various uncertain risks in the future. The company will improve management and internal control to promote the steady development of subsidiaries.

On October 9, 2025, Zhejiang Dongjing Electronics Co., Ltd. held the 13th meeting of the 7th board of directors to review and pass the bill to establish a wholly-owned subsidiary. The company plans to invest 20 million yuan of its own capital to establish Shanxi Dongtuo New Energy Technology Co., Ltd., and authorize the chairman and others to handle related matters. This matter is within the decision-making authority of the board of directors and does not constitute a related transaction or major asset restructuring. The subsidiary's legal representative is Meng Jia. The place of registration is Luliang City, Shanxi Province. Its business scope involves research and development of new material technology, etc. The investment is based on the company's overall strategy and will not adversely affect financial and operating results, but it may face various uncertain risks in the future. The company will improve management and internal control to promote the steady development of subsidiaries.