Space-time technology: There is uncertainty in the proposed acquisition of 100% equity of Jiahe Jinwei.

TimeSpace Technology issues announcement of abnormal changes. The closing price of the company's stock on February 13th, 24th, and 25th, 2026, have consecutively deviated by more than 20%. According to relevant provisions of the Shanghai Stock Exchange Trading Rules, this constitutes abnormal fluctuation in stock trading. The company plans to acquire 100% of Jih Jn Wi's equity through issuing shares and paying cash. However, this transaction has a longer processing period and significant uncertainties. The financial data of the target company cannot be included in the company's consolidated financial statements in the short term. The audit and evaluation of the assets involved in this transaction are still ongoing, and it still needs to be reviewed again by the board of directors of the company and approved by the company's shareholders' meeting. It also requires approval, verification, or registration by the relevant regulatory authorities before it can be officially implemented. There is still uncertainty as to whether it can pass the above approvals, verifications, or registrations.