Dawei Co., Ltd.: The company is currently working on processing the procedures related to exploration, conversion, and mining. The specific progress depends on the approval of the relevant government departments.

Da Wei Corporation Announcement: The company's stock has deviated by 22.53% for two consecutive trading days, which is considered abnormal fluctuation. The company's recent production and operation are normal, and there have been no major changes in the internal and external operating environment. Regarding the progress of Da Wei Corporation's Hunan Chenzhou Lithium Battery New Energy Industry Project: In June 2025, the company received a reply from the Hunan Provincial Department of Land and Resources completing the reserve filing, marking an important milestone in the conversion from exploration rights to mining rights. The company is currently proceeding with the procedures for exploration conversion, and the specific progress will depend on approval from relevant government departments. The company will fulfill its disclosure obligations in a timely manner based on the progress of the matter.