Lingwei Technology: Plans to establish a German subsidiary with a capital not exceeding 5 million euros.

Lingwei Technology Announcement: In order to further implement our global development strategy, improve our presence in the European market, and enhance our operational and customer service capabilities in overseas markets, the company plans to use its own funds to invest in and establish a wholly-owned subsidiary in Germany through its wholly-owned subsidiary Lingwei Holdings Limited, with an investment amount not exceeding 5 million euros. After the establishment of the target company, it will be included in the company's consolidated financial statements as a new wholly-owned subsidiary.