Dewell: the application for the issuance of convertible bonds has been approved by the Shanghai Stock Exchange.

Diweil Announcement: The Shanghai Stock Exchange Listing Committee held its 8th review meeting of 2026 on March 12, 2026, to review the application of Nanjing Diweil High-end Manufacturing Co., Ltd. to issue convertible corporate bonds to unspecified targets. According to the results of the meeting, the company's application to issue convertible corporate bonds to unspecified targets meets the issuance conditions, listing conditions, and information disclosure requirements. The company still needs to obtain a decision from the China Securities Regulatory Commission to register its issuance of convertible corporate bonds to unspecified targets before it can be implemented. There is still uncertainty about whether this issuance will ultimately be approved by the CSRC and the timing of such approval.