Shuangyi Technology: Part of the capital-raising project "Composite Material Application Research and Development Center Project" has been postponed until the end of 2026.

Double One Technology announced that on December 24, 2025, the company held the ninth interim meeting of the fourth board of directors and agreed to extend the "Composite Materials Application Research and Development Center Project" to be completed by December 31, 2026. The original planned investment for the project was 50.18 million yuan, which was later adjusted to 123.18 million yuan. As of November 30, 2025, a total of 97.3788 million yuan had been invested. The reasons for the extension include the long time to acquire land rights certificates, and the construction progress of the contractor is affected by the real estate industry and their own projects. This extension does not change the investment content, total amount, and implementation entity, and does not affect the implementation of the raised funds project and the normal operation of the company.