Weilong Group: Controlling shareholder Xinghe Xiran received an administrative supervisory measure decision from the Shandong Securities Regulatory Bureau to increase its holding by no less than 10 million yuan.

Weilong Corporation Announcement, major shareholder Xinghe Xirang Digital Technology Co., Ltd. received the "Decision on the Regulatory Measures for Xinghe Xirang Digital Technology Co., Ltd. to Correct Actions" issued by the Shandong Securities Regulatory Bureau. After investigation, Xinghe Xirang promised to increase its holdings of Weilong Corporation within six months from November 30, 2024, with an amount not less than 10 million yuan and not more than 20 million yuan, and to extend it to November 30, 2025 after approval by the Weilong Corporation Shareholders' Meeting on May 29, 2025. As the commitment to increase holdings was not fulfilled after the expiration of the deadline, the Shandong Securities Regulatory Bureau has taken regulatory measures to compel the company to correct its actions and recorded it in the securities and futures market integrity file database.