Shuangle Co., Ltd.: Application for the issuance of convertible corporate bonds to unspecified entities accepted by the Shenzhen Stock Exchange.

Announcement by Shuangle Co., Ltd: On July 23, 2025, the company received a notice from the Shenzhen Stock Exchange regarding the acceptance of Shuangle Pigment Co., Ltd.'s application to issue convertible corporate bonds to unspecified investors. The Shenzhen Stock Exchange has reviewed the application documents submitted by the company for issuing convertible corporate bonds to unspecified investors and deemed them complete, deciding to accept the application. The issuance still requires approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission before it can be implemented. The company will fulfill its disclosure obligations in a timely manner according to the progress of the situation.