Leading Wisdom Manufacturing: Adjusting the purchase of assets plan to acquire Jiangsu Keda in cash.

Leading Wisdom Announcement: The company held the 21st meeting of the sixth board of directors on November 7, 2025, and approved the "Proposal on Adjusting the Asset Purchase Scheme". It was agreed to adjust the issuance of convertible corporate bonds and the payment of cash to purchase assets and raise matching funds to acquire the controlling rights of Jiangsu Keda Stern Automotive Technology Co., Ltd. The transaction parties include Changzhou Yourong Automotive Technology Co., Ltd., Shanghai Maihuan Enterprise Management Partnership Enterprise, Zhejiang Wanliyang Enterprise Management Co., Ltd., and 8 other transaction parties, purchasing a total of 66.46% equity of Jiangsu Keda. The adjusted scheme does not involve the issuance of convertible corporate bonds and the raising of matching funds.