Guanfeng Technology: The final arbitration ruling has been released, and it is estimated that the total profit of the consolidated financial statements for the year 2025 will be reduced by approximately 91 million yuan.

Guangfeng Technology announced that its wholly-owned subsidiary, Hong Kong Guangfeng, and the company as the respondent, received a final arbitral award from the American Arbitration Association. The request by the applicants GDC Cayman and GDCBVI for the respondent's violation of the "Settlement Agreement" was supported, and the award requires the respondent to pay a total of 12.6904 million US dollars to the applicants. The respondent's request regarding the violation of the "Shareholder Agreement" concerning the 2021 dividend payment of GDCBVI was supported, and the award requires the applicants to pay 1.98 million US dollars plus accumulated interest to the respondent. This award is expected to reduce the company's consolidated net profit for the year 2025 by approximately 91 million RMB.