Great Wisdom: The company faces litigation.

Great Wisdom Announcement: On October 15, 2025, the company received a lawsuit filed by the plaintiff Wang Gongwei to the People's Court of Pudong New Area, Shanghai, claiming to revoke the resolution of the company's second extraordinary general meeting of shareholders in 2025. On November 10, 2025, the company received the "Notice of Response" and other related litigation materials delivered by the People's Court of Pudong New Area, Shanghai. As of the date of this announcement, the company has gradually completed various tasks according to the relevant rules of absorption and merger, fulfilled the relevant review procedures, and the resolution of the shareholders' meeting is legal and valid.