Boraway: The third board of directors' meeting was held on December 19, 2025, and passed the resolution on "Proposal for the Company to issue A-shares to specific targets in 2025" and other related resolutions.

Bo Liwei announcement, the company held the third meeting of the third board of directors on December 19, 2025, and passed the "Proposal on the Issuance of A Shares to Specific Objects in 2025" and other related proposals. The disclosure of the plan to issue A shares to specific objects this time does not represent the substantive judgment, confirmation, or approval of the reviewing and registering department on the relevant issues of this issuance. The relevant matters of this issuance still need to be approved by the shareholders' meeting of the company, approved by the Shanghai Stock Exchange, and registered by the China Securities Regulatory Commission before they can be implemented.