Debang Lighting: Planning to acquire no less than 51% of Jiali's shares, progress disclosure.

Deyang Lighting announced that the company is planning to acquire at least 51% of the shares of Jiali shares through cash acquisition and capital increase, thereby obtaining control and constituting a major asset restructuring. The transaction does not involve the issuance of shares or related party transactions, and will not result in a change in control. On August 26, 2025, a "Acquisition Intent Agreement" was signed. As of the date of the announcement, due diligence, auditing, and evaluation work has formed a preliminary report. The parties are negotiating the transaction details, but no formal documents have been signed. The transaction is still in the planning stage, with the risk of termination if it fails to pass the review.