Gaolan Co., Ltd.: Progress on the sale of equity in Dongguan Silicon Xiang, signed a supplementary agreement to adjust the performance commitment to a cumulative total of 390 million yuan over two years.

GaoLan Co., Ltd. announced that it would hold the 15th meeting of the 5th Board of Directors on August 3, 2026, to review and approve the proposal regarding the sale of equity in an affiliated company and the signing of the supplementary agreement for the "Agreement on the Issuance of Shares and Cash Payment for Asset Acquisition." This transaction represents progress on the company's previously disclosed plan to transfer its 16.9759% equity in Dongguan Silicon Xiang to Aike Co., Ltd. The supplementary agreement modifies the performance commitment period from a cumulative net profit of no less than 560 million yuan for three years from 2025 to 2027, to a cumulative net profit of no less than 390 million yuan for two years from 2026 to 2027, and includes provisions that the performance commitments and compensation obligations shall not be changed, terminated, or released due to force majeure starting from the date of delivery. This matter still needs to be submitted to the shareholders' meeting for review.