Nolity Group: The holding subsidiary plans to transfer 100% equity of Wuxi Senhe Da for 28.2 million yuan.

Noli Group Announcement: Noli Intelligent, a holding subsidiary, plans to transfer 100% of its equity in Wuxi Senhe Da to Wuxi Huixi High-tech Industrial Development Co., Ltd. The equity transfer price is RMB 28.2 million. This transaction has been approved by the board of directors of the company and does not require approval from the shareholders' meeting. After the transaction is completed, Noli Intelligent will no longer hold the equity of Wuxi Senhe Da and will terminate the project investment. This transaction does not involve related party transactions and does not constitute a major asset restructuring.