Lanqi Technology: Cooperating with South Korea's antitrust investigation, current operations are normal.

Techwave Technologies announced that on July 15, 2026, the Fair Trade Investigation Department of the Seoul Central District Prosecutor's Office in South Korea conducted an on-site search and seizure at the company's South Korea office regarding potential violations of antitrust laws. The company is fully cooperating with the investigation, and as of the date of the announcement, neither the company nor its directors or employees have been accused of any misconduct, and operations are normal. As this case is still under investigation, the timing and results cannot be predicted. The company will monitor progress and fulfill its disclosure obligations, reminding investors to be aware of the risks.