Xiangxin Technology: The construction project of "Ningbo Xiangxin Precision Metal Structural Parts Production Base" is planned to be postponed until December 31, 2026 to achieve the designated usable state.

Shangxin Technology Announcement: The company held a board of directors and supervisory board meeting on December 3, 2025, and approved the resolution on "Reassessment and Extension of Some Raised Funds Investment Projects". The resolution still needs to be submitted to the shareholders' meeting for approval. Among them, the "Construction Project of Ningbo Shangxin Precision Metal Structural Components Production Base" is affected by factors such as international trade disputes, macroeconomic fluctuations, changes in overall market demand in the industry, cyclical changes in upstream and downstream industries, and fluctuations in raw material prices. It was originally planned to reach the scheduled usable state by December 31, 2025, but is now proposed to be extended to December 31, 2026. No adjustments have been made to other projects.