On January 5, 2026, Fan Zhicheng entered into an AI Asset Procurement Agreement with Chengdu Qingshu concerning the acquisition of AI assets, with a total consideration of RMB 30.5549 million. According to the terms of the AI Asset Procurement Agreement, Fan Zhicheng will procure the AI assets from Chengdu Qingshu for RMB 30.5549 million, a sum that must be settled via bank transfer within ten days of the agreement's signing. This consideration encompasses all expenses associated with the AI assets, including related technology and engineering services, design, materials and accessories, testing, packaging, and warranty services. Chengdu Qingshu is obligated to deliver the AI assets to a location designated by Fan Zhicheng within 30 days following the execution of the agreement. Furthermore, Chengdu Qingshu must complete the installation and readiness of the AI assets within 60 days of the agreement's signing. Since establishing a strategic cooperation agreement with Chengdu Qingshu in September 2023, the Group has been intensifying its efforts in the AI-related industry to capture opportunities within the "AI+" market, aiming to diversify its business operations and revenue streams. By collaborating closely with specialized partners such as Chengdu Qingshu, the Group intends to leverage its collective knowledge, resources, and market insights to generate synergies and seize opportunities within the AI industry. The Group's objective is to deepen its core business by capitalizing on AI-driven opportunities to accelerate the intelligent upgrade of the environmental protection sector, while also expanding its diverse business portfolio through active investment and exploration of new opportunities along the "AI+" value chain, thereby broadening revenue sources and enhancing sustainable development capabilities. The Group is procuring these AI assets specifically for the construction of an AI center and to foster the diversified development of its AI business. Looking forward, the Group will continue to utilize cutting-edge technologies and application scenarios to strengthen its competitiveness and long-term development capabilities. While consolidating its existing operations, the Group is proactively responding to national long-term plans, precisely discerning market trends, and identifying potential investment opportunities. Alongside its focus on developing core businesses, the Group consistently explores new business opportunities and expands its existing business segments to further diversify its business portfolio, which is an integral part of its overall business strategy.

