Wanrun Group: Holding subsidiary Jiumu Chemical submitted an IPO application to the Shenzhen Stock Exchange North and received acceptance.

Announcement of Wanrun Co., Ltd., its holding subsidiary Jiumu Chemical has submitted to the North Exchange the application materials for the public issuance of shares to unspecified qualified investors and listing on the North Exchange. On September 18, 2025, Jiumu Chemical received the "Acceptance Notice" issued by the North Exchange, officially accepting Jiumu Chemical's IPO application. Jiumu Chemical is listed on the National Equities Exchange and Quotations system for small and medium-sized enterprises, with the stock abbreviation: Jiumu Chemical, stock code: 874382. Wanrun Co., Ltd. held a board meeting on July 9, 2025, and passed relevant resolutions to approve Jiumu Chemical's public issuance of shares and listing on the North Exchange. The company will fulfill its disclosure obligations in a timely manner according to the progress of the matter.