Morning light cables: It is planned to establish a wholly-owned subsidiary in Dubai, with an investment amount not exceeding 1.5 million yuan.

Morning Cable Announcement: The company plans to establish a wholly-owned subsidiary in Dubai with an investment amount not exceeding 1.5 million RMB. This move aims to meet the company's strategic development plan, optimize market structure, explore overseas markets, and enhance overall competitiveness. The Board of Directors meeting was held on August 25, 2025, and the proposal was approved. This investment does not require shareholder approval, and the source of funds is from internal resources.