Peak Peak Technology: Use the funds raised to increase the capital of its wholly-owned subsidiary by 20.33 million yuan.

Feng Qiao Technology Announcement: The company held the twenty-ninth meeting of the second board of directors on December 2, 2025, and approved the "Proposal on using raised funds to increase capital to fully-owned subsidiary to implement raised fund investment projects". The company agreed to increase the capital of its fully-owned subsidiary, Feng Jie Technology Co., Ltd., by 20.33 million yuan, specifically for the implementation of the raised fund investment project "Research and Industrialization Project of High-performance Drivers and Control Systems". After the capital increase, the registered capital of Feng Jie in Shanghai will increase from 170 million yuan to 190 million yuan.