Wansheng Intelligence: Won bid for State Grid's 67.9829 million yuan project.

Winning Intelligence Announcement: The company has received a "Notice of Winning Bid Recommendation for the Fifty-Third Batch of 2025 Procurement Recommended by State Grid Corporation of China" from State Grid Corporation of China, confirming that it is one of the winning candidates. The winning goods include Grade A single-phase smart electricity meters, Grade B three-phase smart electricity meters, and special transformation collection terminals, with a total winning amount of approximately 67.9829 million RMB, accounting for approximately 7.25% of the company's audited operating income in 2024. This winning bid is expected to have a positive impact on the company's future business performance, but the formal contract has not yet been signed with State Grid Corporation of China and its subsidiaries. The specific terms of the contract, settlement amounts, etc. shall be subject to the final signed contract.