Torch Technology: It is expected that the daily related transactions in January to March 2026 will be 400.59 million yuan.

Juguang Technology announced that starting from January 2026, Xi'an Hongdun New Materials Technology Co., Ltd. and its subsidiaries will no longer be affiliated with the company. It is expected that from January to March 2026, the company will have daily related transactions with Xi'an Hongdun and its subsidiaries totaling 4.059 million yuan, which does not need to be submitted for shareholder approval. The transactions mainly involve the purchase of raw materials and commissioned processing services, with fair and reasonable pricing. In 2025, the actual transactions amounted to 19.355 million yuan, which did not exceed the original estimate of 28.85 million yuan. Xi'an Hongdun and its subsidiaries operate normally and have the ability to fulfill their obligations. This related transaction meets the company's operational needs and will not harm the interests of shareholders.