Debon Lighting: The subsidiary plans to subscribe for private fund shares worth 68.187 million yuan.

Debang Lighting announced that its wholly-owned subsidiary Hangzhou Debang Lighting Singapore Co., Ltd. plans to use its own funds of $10 million to subscribe for shares of the private equity fund HBYT CO - INVESTMENT, L.P. This transaction does not constitute a related party transaction or a major asset restructuring, and has been approved through internal decision-making processes without the need for board of directors or shareholder approval. The company will closely monitor the operation of the investment fund for potential risks such as failure to meet expected returns or timely exit.