Vast Depths: Issuance of 354 million yuan convertible bonds, acquisition of 54% voting rights of Cloudside Cloud for 87.5 million yuan.

The vast depth announcement states that, with the approval of the China Securities Regulatory Commission, the company will issue convertible corporate bonds worth 354 million yuan to unspecified investors, with a maturity of 6 years and a net fundraising amount of 346 million yuan. The initial conversion price is 24.38 yuan per share. In addition, the company will acquire 34% equity of Yunbianyun for 83.3 million yuan, and its wholly-owned subsidiary, Hefei Haohan, will acquire employees' 5% property shareholding platform for 2.45 million yuan, corresponding to 0.5% equity of Yunbianyun, obtaining 20% voting rights and total control of 54% voting rights and controlling rights. The total transaction price is 85.75 million yuan, to be paid in three installments. On January 7, 2026, the board of directors approved the proposal, and the agreement has been signed.