Zhibang Home Furnishing announced that the company plans to increase the capital of its wholly-owned subsidiary Singapore Zhibang with 200 million yuan of its own and self-raised capital, and that Singapore's Zhibang plans to increase capital to wholly-owned subsidiary Thai Dezhi by no more than 200 million yuan to invest in the construction of a new intelligent manufacturing base project in Thailand. The construction period of the project is 18 months, and construction is expected to begin on December 15, 2026. Currently, it is still in the early stages of preparation. This matter has been reviewed and approved by the company's board of directors. There is no need to submit it to the shareholders' meeting for consideration. It still needs to be approved at home and abroad, and there is a risk of uncertainty such as approval and operation.

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