【PowerTrain】Announcement on behalf of subsidiary WEECHANGSHING ELECTRONIC (SHENZHEN) CO., LTD. - New Loan Amount Reaches Article 22, Paragraph 1, Subparagraph 3 of the Regulations Governing the Lending of Funds and Endorsements/Guarantees by Publicly Issued Companies.

1. Date of Occurrence: 2026/05/13

2. Recipient of the loan: (1) Company name: WEISHUO ELECTRONICS (SHENZHEN) CO., LTD. (2) Relationship with the company lending funds: Same ultimate parent company (3) Loan limit (in thousands): 1,041,424 (4) Original outstanding loan balance (in thousands): 0 (5) Amount of this new loan (in thousands): 125,010 (6) Is this a loan authorized by the Board of Directors for the Chairman to disburse in installments or as a revolving facility to the same borrower: Yes (7) Outstanding loan balance as of the date of occurrence (in thousands): 125,010 (8) Reason for this new loan: To replenish working capital

3. Collateral provided by the company receiving the loan: (1) Content: None (2) Value (in thousands): 0

4. Latest financial statements of the company receiving the loan: (1) Capital (in thousands): 138,412 (2) Accumulated profit/loss (in thousands): 170,012

5. Interest calculation method: As stipulated in the contract.

6. Repayment: (1) Conditions: Due or early repayment. (2) Date: Due or early repayment.

7. Total outstanding loan balance as of the date of occurrence (in thousands): 1,076,440

8. Ratio of total outstanding loan balance to the net worth of the publicly issued company's latest financial statements as of the date of occurrence: 38.27%

9. Source of funds lent by the company to others: The subsidiary itself

10. Other matters to be specified: None.