Shanghai Yashi: Signed a four-party custodian agreement for the storage of funds raised.

Shanghai Yashi announced that the company issued 43,668,122 shares to specific targets this time, raising a total of 299 million yuan, with a net amount of 297 million yuan. On November 19, 2025, the company agreed to add its wholly-owned subsidiary Hubei Yashi as the main body for the implementation of the fundraising project. On December 25, the company signed a "Four-party Supervision Agreement on Fundraising Special Account Storage" with Hubei Yashi, Shanghai Branch of China CITIC Bank, and Guolian Minsheng Securities Recommendation. As of that day, the balance of Hubei Yashi's special account was zero yuan. The agreement stipulates the responsibilities, use of funds, supervision, etc., and is effective from the date of signing until the closure of the account after the completion of fund expenditure.