Wang Li Security: Plan to raise funds of no more than 300 million yuan for the intelligent doors and windows project and to supplement working capital.

Wangli Security Announcement: On May 25, 2026, the company held the fourth meeting of the fourth board of directors to review and approve the issuance plan of shares to specific objects in 2026. This plan includes issuing shares to no more than 35 specific objects, including Wang Jiankai, a family member of the actual controller, with Wang Jiankai intending to subscribe for no more than 60 million yuan in cash. The issuance price shall not be less than 80% of the average trading price of the stock for the previous 20 trading days before the pricing date, with the subscribed shares by Wang Jiankai being restricted from resale for 18 months, and for other issuance objects restricted for 6 months. The total number of shares issued this time shall not exceed 134 million, with a total fundraising amount not exceeding 300 million yuan, to be used for the "Hubei Wangli Security Products Co., Ltd. intelligent door and window series product project" 210 million yuan and for the supplementary working capital 90 million yuan after deducting the issuance costs. This issuance still requires approval from the company's shareholders' meeting, approval from the Shanghai Stock Exchange, and registration with the China Securities Regulatory Commission.