1. Date of the board of directors resolution: 2025/12/03

2. Reason for capital reduction: To enhance the structure of the financial statements and coordinate with the group’s operational plans.

3. Amount of capital reduction: US$93,560,072.8

4. Cancelled shares: 9,356,007,280 shares

5. Capital reduction percentage: 98.68%

6. Share capital after capital reduction: US$1,250,000

7. Scheduled date of the shareholders meeting: Not applicable

8. Estimated no. of listed common shares after issuance of new shares upon capital reduction: Not applicable

9. Estimated ratio of listed common shares after issuance of new shares upon capital reduction to outstanding common shares: Not applicable

10. Please explain any countermeasures for lower circulation in shareholding if the aforesaid estimated no. of listed common shares upon capital reduction does not reach 60 million and the percentage does not reach 25%: Not applicable

11. The record date for capital reduction: Not applicable

12. Any other matters that need to be specified: This capital reduction includes a loss-offset capital reduction of US$88,836,773.87 and a cash capital reduction of US$4,723,298.93.