: Intends to issue H shares and list on the Hong Kong Stock Exchange.

Announcement from Wanxing Technology: The company will hold a board meeting on August 8, 2025 to review and approve the proposal to issue H shares and list on the Hong Kong Stock Exchange. This move aims to further promote the globalization strategy, enhance international brand image and overall competitiveness. This issuance and listing still needs to be reviewed by the company's shareholders' meeting, and approval and/or authorization from relevant government agencies, regulatory authorities such as the China Securities Regulatory Commission, the Securities and Futures Commission of Hong Kong and the Hong Kong Stock Exchange are required. Specific details have not been finalized, and there is significant uncertainty.