Ancestral Name Co., Ltd.: Termination of Wuhan Investment Project

Zuming Co., Ltd. announced that the company held the 12th meeting of the fifth board of directors on August 28, 2025, and approved the "Proposal to Terminate the Wuhan Investment Project." This project was based on the overall strategic layout and operational development needs of the company, intending to purchase land in the Jiangxia Economic Development Zone in Wuhan to build a new production base. However, due to industrial policy restrictions, the Jiangxia Economic Development Zone Management Committee was unable to provide land for the project, which could not meet the business development needs. The company did not acquire the project land and did not actually invest. Therefore, the company has decided to terminate this project. This termination will not have any impact on the company's financial and operational status.