Demi: The company is planning a refinancing. The matter is still in the internal communication stage and a clear plan has not yet been formulated.

date
10/11/2025
De Mingli issued a public announcement on the abnormal fluctuations in its stock trading, stating that the company is planning a refinancing matter. This matter is still in the internal communication stage, with no clear plan yet formulated. The financing method and amount are also undetermined, leading to uncertainties. If the company proceeds with the refinancing, it needs to go through the company's decision-making process and receive approval from relevant departments. The implementation of the refinancing, approval, and timing are all uncertain. Furthermore, there are risks of the refinancing being suspended or terminated due to market conditions and other reasons. The company will strictly comply with laws, regulations, and normative documents, and will fulfill its disclosure obligations in a timely manner as the matter progresses. It is advised that investors pay attention to the investment risks.