Happiness Encounters Group: Establishment of Happiness Encounters Low Altitude Comprehensive Service Limited Company.

Announcement of the Happiness Group: The group's wholly-owned subsidiary, Happiness Low Altitude Integrated Services Co., Ltd., was registered and granted a business license in China in April 2025. It plans to engage in low-altitude economy-related integrated services, drone sales and leasing services, as well as investments related to the low-altitude economy. The board of directors believes that the low-altitude economy industry has enormous market potential, with applications of "drones +" gradually taking off, and there is a broad market demand in areas such as logistics, cleaning, plant protection, rescue, aerial survey, and inspection. The group will provide various supply chain service solutions for drone sales, short-term and long-term leasing services, to meet the needs of users in various application fields of "drones +". In addition, the group will timely invest in high-quality drone-related companies, strategically deploying the drone industry chain. The group will actively enter the low-altitude economy field with the above-mentioned drone business as its entry point.