De Ou Home Furnishings: Establishing a subsidiary with an investment of 500 million yuan.

Empire Home Furnishing Announcement: The company plans to use its own funds and self-raised funds of 500 million yuan in phases over a period of 5 years to establish a wholly-owned subsidiary, Shuihua Future Technology Co., Ltd., with business scope covering artificial intelligence application software development. This matter was approved by the fourth meeting of the sixth board of directors on August 20, 2025, and does not constitute a related party transaction.