Gree: The company's recent business operations and production are normal, and there have been no major changes in the internal and external operating environment.

Gracebo announcement, the closing prices of the company's stock on May 15, 2025, May 16, 2025, and May 19, 2025 have consecutively deviated by more than 30%, which is considered abnormal stock trading volatility. Upon verification, the company's recent operational and production situation is normal, and there have been no significant changes in the internal and external operating environment. There are no undisclosed significant matters about the company or major matters in the planning stage involving the company, major shareholders, or actual controllers that should be disclosed. During the abnormal stock trading volatility period, there have been no transactions of the company's stock by major shareholders or actual controllers of the company. There are no other circumstances that violate the regulations on fair information disclosure.