BAIWEI Storage: Plans to issue H shares for listing in Hong Kong.

Baiwei Storage Announcement: The company held the fifth meeting of the fourth board of directors on September 22, 2025, and approved the proposal to issue H shares and list on the main board of the Hong Kong Stock Exchange. This move aims to deepen the global strategic layout, enhance the international brand image, and further improve the company's core competitiveness. Currently, the company is in discussions with relevant intermediaries on the issuance and listing matters, and specific details have not been finalized. The approval, filing, and review procedures for this issuance and listing have significant uncertainties.