ENJOE Corporation: Termination of Investment in Building Lithium Battery Separator Film Project in Malaysia.

Announcement from Enjie Corporation: The company held the fifth meeting of the sixth board of directors on May 22, 2026, and approved the proposal to terminate the investment in the construction of a lithium battery separator film project in Malaysia. It was decided to terminate the investment in the construction of a lithium battery separator film project by Enjie's holding subsidiary in Malaysia. The project was originally planned to have a production capacity of approximately 1 billion square meters per year, with a total investment of about 2 billion RMB. The reason for termination is due to changes in the external market environment and industry competition landscape, and the company has decided to adjust its investment strategy to optimize resource allocation and reduce risks. The project has not been invested in or constructed yet, and the adjustment will not have a significant adverse impact on the company's financial condition and operating results.