Cloud Heaven Inspires Flight: Plans to issue shares overseas and list on the Hong Kong Stock Exchange.

YunTian LeFei announced that the company held a board meeting on April 25, 2025, to review and approve the preliminary preparations for overseas issuance of shares and listing on the Hong Kong Stock Exchange authorized by the management. The company plans to discuss specific progress with intermediaries, but details of the listing have not yet been finalized. The H-share listing will require approval from the board of directors and shareholders' meeting, as well as obtaining record filing or approval from relevant government and regulatory authorities. This matter involves significant uncertainties, and the company will fulfill its disclosure obligations.