Shi Dashinghua: Intends to apply for the initial public offering of overseas listed foreign stock and be listed on the main board of the Hong Kong Stock Exchange.

Shi Dasheng announced that the company held a board meeting on December 23, 2025, and approved the proposal to issue H shares and list them on the Hong Kong Stock Exchange. This move aims to promote the globalization strategy and enhance comprehensive competitiveness. Currently, the company is discussing related work with intermediary agencies, and specific details have not been finalized. The issuance and listing will require approval from the shareholders' meeting and relevant departments. The company will fulfill its obligation of timely disclosure of information based on future developments.