Veye Corporation: Wholly-owned subsidiary terminates a 527 million RMB construction project contract.

Weiyie Co., Ltd. announced that its wholly-owned subsidiary, Jian Tai Construction, had previously won the bid for a related project of Shaoxing Huayue Real Estate and signed a 526,535,900 yuan "Construction Engineering Construction Contract". Recently, the two parties signed a termination agreement, terminating the original contract from the effective date. As of the termination of the contract, Jian Tai Construction has actually completed a value of 6,468,800 yuan, and the contracting party will make payment within 60 working days after receiving the invoice and verifying it without error. This termination is expected to have no significant adverse impact on the company's finances and operations, and does not involve breach of contract or harm to the interests of the company and shareholders.