Silk Road Vision: triggering the adjustment conditions for the conversion price, this decision will not be revised.

On August 18, 2025, it was announced that as of that day, at least 15 out of the last 30 trading days, the closing price of Silk Road Vision's stock was lower than 85% of the current conversion price, triggering a downward revision condition for the conversion price of Silk Road Convertible Bonds. After the seventh meeting of the fifth session of the company's board of directors, it was decided not to downwardly revise the conversion price. From the date of this board meeting approval until the board meeting on the third quarter report of 2025, if the conditions are triggered again, the company will not propose a revision plan. If it is triggered again in the future, the board of directors will convene a meeting to decide whether to exercise the revision right. Silk Road Convertible Bonds were issued in March 2022 with a term of 6 years, and the current conversion price is 26.53 yuan per share.