Hengguang Co., Ltd.: Plans to invest in and construct an annual production project of 10,000 tons of nano-silicon materials.

Hengguang Co., Ltd. announced that the 24th meeting of the fifth Board of Directors reviewed and approved the relevant proposal, agreeing that its controlled subsidiary Hunan Hengyao New Materials Co., Ltd. will serve as the project construction entity to invest in and construct an annual production project of 10,000 tons of nano-silicon materials, with a total investment not exceeding RMB 110 million. This transaction does not constitute a related-party transaction or a major asset restructuring, is expected not to have a material impact on the Company's current financial condition and operating results, and will have a positive impact on the financial condition and operating results of future years. The meeting also reviewed and approved the proposal regarding the Company's "2026 Third Quarter Report."