Sun Cable: It is estimated that the transaction with Yili Group will not exceed 450 million yuan by 2026.

Sun Cable announced that the company plans to carry out wire and cable sales business with Yili Group and its affiliated companies, with an expected transaction amount not exceeding 450 million yuan by 2026. The proposal has been approved by the board of directors, pending approval by the shareholders' meeting, and does not constitute a major asset restructuring. As of November 30, 2025, a transaction amount of 184 million yuan has already occurred. The expected transaction amount for 2025 is 600 million yuan, with an actual occurrence of 184 million yuan, a difference rate of -69.35%, mainly due to differences in market demand and expectations. Yili Group holds more than 5% of the company's shares, operates well, and has the ability to fulfill its obligations.