Shenzhen Changying Precision Technology Co., Ltd. held the 24th meeting of the 6th Board of Directors and the 19th meeting of the 6th Supervisory Board on June 4, 2025, and approved the "Proposal on Extending the Construction Period of Some Funded Projects". It was agreed that the company would adjust the construction period of the "Changzhou Changying New Energy Power and Energy Storage Battery Component Project" and the "Intelligent Wearable Device AR/VR Component Project" (hereinafter referred to as the "Partial Funded Projects") based on the current progress of the fundraising projects, while keeping the implementation subject, investment purpose, and investment scale of the fundraising projects unchanged.

Among them, the actual total amount of raised funds is 1359999991.20 yuan. After deducting the issuance expenses (excluding tax) of 16745496.24 yuan, the actual net amount of raised funds is 1343254494.96 yuan. The company's fundraising projects and usage plan (adjusted) for this issuance are as follows:         

This adjustment is in line with the long-term interests of the company. Considering the impact of uncertainties such as US tariff policies on the stability of overseas customer orders, in order to effectively prevent blind expansion risks, ensure the safety and effectiveness of fundraising investment, and better adapt to external environmental changes, the company has decided to reasonably delay the implementation progress of Changzhou Changying New Energy Power and Energy Storage Battery Parts Project and Intelligent Wearable Device AR/VR Parts Project based on actual operating conditions, overall market trends, and customer demand characteristics, in order to maximize the protection of the company's and shareholders' rights and interests.

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