Chuangyuan Co., Ltd.: The actual impact shall be subject to the customs applicable tax rates after the list officially takes effect.

An investor asked Chuangyuan Co. on an interactive platform whether the company's products currently on sale are included in the U.S. tariff reduction list for China. On October 8, the company responded that it has noted the "300 billion to 300 billion" reciprocal tariff reduction framework reached between China and the United States and the related commodity lists. At present, the tariff reduction arrangement still awaits simultaneous implementation after both sides complete their respective domestic legal procedures, and the specific timing of implementation and applicable tax rates remain uncertain. The company's main business covers categories such as fashion stationery, handmade educational puzzles, social and emotional products, sports and fitness, and home and lifestyle goods. It is currently verifying item by item the HS code matching of relevant products against the tariff reduction list published by the U.S. side, and the actual impact will be subject to the customs-applied tax rates after the list formally takes effect.