Weiwei Co., Ltd. announced that the company held the 16th meeting of the 9th board of directors on October 29, 2026 to review and pass the bill to cancel the Xuzhou Weiwei Shengtong New Consumer Investment Fund and related transactions, agreed to liquidate the fund and go through cancellation procedures, and authorized management to cooperate in handling related matters. The fund has a pledge scale of 1 billion yuan, and the company paid 10 million yuan as a limited partner. There are no specific investment projects since the establishment of the fund. Since the controlling shareholder Xinsheng Group is also a limited partner of the fund, the transaction constituted a related transaction. The four related directors avoided voting and did not need to be submitted to the shareholders' meeting for review. According to preliminary estimates, the company expects to recover the distribution amount of about 10.63 million yuan, which will not affect current net profit. The cancellation has not yet completed the commercial and commercial changes, so there is some uncertainty.

Weiwei Co., Ltd. announced that the company held the 16th meeting of the 9th board of directors on October 29, 2026 to review and pass the bill to cancel the Xuzhou Weiwei Shengtong New Consumer Investment Fund and related transactions, agreed to liquidate the fund and go through cancellation procedures, and authorized management to cooperate in handling related matters. The fund has a pledge scale of 1 billion yuan, and the company paid 10 million yuan as a limited partner. There are no specific investment projects since the establishment of the fund. Since the controlling shareholder Xinsheng Group is also a limited partner of the fund, the transaction constituted a related transaction. The four related directors avoided voting and did not need to be submitted to the shareholders' meeting for review. According to preliminary estimates, the company expects to recover the distribution amount of about 10.63 million yuan, which will not affect current net profit. The cancellation has not yet completed the commercial and commercial changes, so there is some uncertainty.