Visionary Technology: The board of directors has approved the Agricultural Bank's 75 million yuan financing and credit authorization proposal.

Yao Wang Technology announced that the tenth meeting of the sixth session of the board of directors of the company reviewed and approved the "Proposal on the Board of Directors' Authorization of Bank Financing for Agricultural Bank of China". The company has financial cooperation with Agricultural Bank of China, in order to simplify the approval process, the financing credit plan will be consolidated and submitted to the board of directors for approval and authorization. The planned credit limit is 75 million yuan, and the ways of credit use include working capital loans, etc. The board of directors authorized the chairman to sign relevant legal documents and handle related matters. The proposal is valid until December 31, 2028.