200 Wandegong: Fully-owned subsidiary increased capital to 2 million US dollars.

Wande Corporation Announcement: In order to meet the needs of business development, its wholly-owned subsidiary, Shaanxi Wande New Materials Co., Ltd., intends to increase the capital of its wholly-owned subsidiary, WONDER ENERGY SINGAPORE PTE.LTD., with its own funds. After this capital increase, the registered capital of the target company will increase from 100,000 Singapore dollars to 2 million US dollars. This external investment does not constitute a major asset reorganization, does not constitute related party transactions, and the source of funds is from the subsidiary's own funds. The capital increase will help the future development of the wholly-owned subsidiary and have a positive impact on the company's future performance growth.