Co-creation Data: Initiate overseas share issuance and application for listing on the Hong Kong Stock Exchange related preparatory work

Co-Creation Data Announcement: The company held a board meeting on July 21, 2025, and approved a proposal to authorize the company's management to initiate the overseas issuance of shares and prepare for listing on the Hong Kong Stock Exchange. The company will actively expand its international strategy, optimize its overseas business layout, enhance its overseas financing capabilities, and improve its overall competitive strength. The authorization period is 12 months from the date of approval by the board of directors.